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Author William Mougayar: Ethereum is not a blockchain.

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He redefines Ethereum in his own terms: calling Ethereum a blockchain is actually a neglect of its true significance. Ethereum is the coordination layer of the digital world, an organic consensus network that not only synchronizes trust but also empowers creativity, sovereignty, and logic.

In Mougayar’s view, although Ethereum uses blockchain technology, its core is a programmable coordination layer—a native protocol for value, identity, and collaboration in the digital world. Unlike traditional databases that are cold and static, it functions more like a vibrant open ecosystem, continuously built and evolved by developers, validators, and users.

Mougayar points out that if the internet is a “network of information,” then Ethereum is a “network of ownership and consensus”—where value, identity, and coordination become as native to the digital world as information.

Additionally, he emphasizes that Ethereum’s true competitors are not Solana or BNB Chain, because those are closed, centralized systems that cannot evolve; whereas Ethereum is a self-sustaining, open consensus, civilization-level protocol that continues to evolve.

If the internet allows us to share information, then Ethereum enables us to share ownership.

Mougayar believes that Ethereum is not just a technological miracle but a fundamental redefinition of human collaboration.

ETH-2.44%
SOL-3.73%
BNB-1.15%
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