Nick Tomaino, the founder of 1confirmation, stated on the X platform that ETH is being used as a currency to drive new use cases for internet development, including decentralized finance, NFTs, prediction markets, stablecoins, gaming, and DAOs. The yield on ETH is approximately 2.5%, it has deflationary characteristics, and it benefits from the growth of the most robust blockchain scaling strategies (L2 and L3). This is also why extreme BTC users despise ETH, as they feel threatened by it.

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PANews reported on January 12 that Nick Tomaino, founder of 1confirmation, posted on the X platform that ETH is used as a currency for all new use cases that drive the development of the Internet, from decentralized finance to NFT, to prediction markets, stablecoins, games and DAOs, etc. ETH has a yield of about 2.5%, is deflationary, and benefits from the growth of the most sound blockchain expansion strategies (L2 and L3), which is why ETH is hated by extreme BTC users because they feel threatened.

1confirmation founder: ETH as a currency drives the development of new use cases for the internet, facing extreme hatred from BTC users.