Ethereum Poised to Become Dominant Blockchain as Specialized Networks Connect as Layer 2 Solutions
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Ethereum is positioned to become the dominant blockchain, absorbing specialized networks as Layer 2 solutions.
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Precedents like TCP/IP show how standards evolve to interconnect diverse systems into one global network.
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Specialized Layer 2 networks will emerge for needs like high-volume transactions, DeFi, and verified identity.
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Interconnection, even just at the Layer 1, provides major benefits like continuous digital records.
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Specialization loses to universality, so non-Ethereum chains will likely fade over time.