William Mougayar, author of "Blockchain Business Applications": Ethereum is not a blockchain.

William Mougayar, author of "Blockchain Business Applications," redefines Ethereum not as a blockchain but as a coordination layer for the digital world. He describes it as an organic consensus network that synchronizes trust and enables creativity, sovereignty, and logic. Unlike traditional databases, Ethereum is a programmable, vibrant ecosystem for value, identity, and collaboration, co-built by developers and users. Mougayar emphasizes that Ethereum's real competitors are not other chains like Solana or BNB, which he views as closed and centralized, but rather it stands as a self-sustaining, open, and continuously evolving civilization-level protocol. Ultimately, Ethereum enables shared ownership and represents a fundamental shift in how humans collaborate digitally.

Summary

He redefined Ethereum as he sees it: calling Ethereum a blockchain is actually ignoring its true meaning. Ethereum is the coordination layer of the digital world, an organic consensus network that not only synchronizes trust but also endows it with creativity, sovereignty, and logic.

According to Mougayar, while Ethereum uses blockchain technology, its core is a programmable coordination layer, a native protocol for value, identity, and collaboration in the digital world. Unlike traditional databases, which are cold and static, Ethereum is more like a vibrant and open ecosystem, constantly evolving and co-built by developers, validators, and users.

Mougayar points out that if the internet is a “network of information,” then Ethereum is a “network of ownership and consensus”—where value, identity, and coordination become as native to the digital world as information.

In addition, he emphasized that Ethereum's real rival is not Solana or BNB chain, because those are closed, centralized, and non-evolving systems; while Ethereum is a self-sustaining, open consensus, and continuously evolving civilization-level protocol.

If the internet allows us to share information, then Ethereum allows us to share ownership.

Mougayar believes that Ethereum is not just a technological marvel, but a fundamental reconstruction of how humans collaborate.

Share to:

Author: PA影音

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
10 minute ago
2 hour ago
2 hour ago
2 hour ago
3 hour ago
4 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读