Difference between ETH L1 and all other smart contract L1s:
You don't have a central entity with a large treasury doing BD deals.
It's a global movement, not a company.
All other L1s are rn still more similar to a company with heavy influence over ecosystem, leading to counterparty risks.
This is one of many aspects why institutions choose ETH to build on.
Others are:
- 100% liveness guarantees due to 5 clients
- 1M validators, 20k+ nodes, 10k+ validator entities
- highly mature & resilient with 10 yrs running without downtime
- highly customizable execution environments with L2s (privacy, DA, VM, scalability, maturity etc.)
- highly scalable via L2s (12k+ with full Fusaka blobs, MegaETH 100k+ realtime tps)
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