Ethereum Electricity vs Bitcoin Electricity


The #ethereum writing contest, sponsored by DeGate, is an opportunity for crypto enthusiasts, economists, social scientists, and writers on HackerNoon to discuss Ethereum’s pole position in global finance.

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Use the prompts in this template as a guide to draft your entry and compete for $1,000 in prizes.

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You can approach the contest from three main angles:

For the Crypto Natives

Discuss why Ethereum is considered a leader in achieving the balance of decentralization, scalability, and security.
Explore how Layer 2 solutions enhance Ethereum’s scalability while maintaining trustlessness.

For the Economists

Analyze how Ethereum’s decentralized and trustless nature forms the backbone of a new global financial system.
Reflect on the evolution of financial systems and how Ethereum offers a more resilient alternative.

For the Social Scientists

Examine how a decentralized finance system, where individuals control their assets, influences governance, power structures, and individual freedoms.
Consider how the concept of trust is redefined in the finance arena, transitioning from trust-based to trustless systems, and the potential societal benefits and challenges.

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Need more inspiration? Read #ethereum stories here.

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