Ethereum Foundation contributor Josh Stark emphasized Ethereum's unique 'hardness' in the digital economy, highlighting its predictability and immutability for decentralized applications. Despite Ethereum's recent price struggles against Bitcoin, Stark believes its 'hardness' sets it apart from traditional institutions. He explained that Ethereum's ability to make the future more predictable is crucial in providing stability and immutability. Stark sees Ethereum as a new form of 'hardness' that challenges traditional sources of stability like governments and legal systems. He envisions a 'market for hardness' where individuals can choose between decentralized systems and traditional institutions. Additionally, the development of layer-2 blockchains on Ethereum is expected to enhance this 'hardness.' While Ethereum aims to exist alongside traditional institutions, its borderless accessibility offers a global, transparent alternative. This shift towards decentralization could provide more autonomy in creating contracts and establishing identity without intermediaries. Read more AI-generated news on: https://app.chaingpt.org/news

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