But that doesn't mean ETH doesn't have "spiritual forks" (sorry, I made that up, it's just a copycat to some extent).
The spiritual fork I am talking about includes two points: the inheritance of the developer ecology and the inheritance of the overflow value of ETH.
Far, such as Sun Brothers' TRON, near, such as Binance's BSC, Huobi's HECO, and OK's OKexChain.
These public chains basically follow EVM and EVM ecology (such as web3, and even the three major exchanges use metamask wallets), and then replace the POW of ETH1.0 with DPO, which is basically completed (OKexChain is a little different, and BPFT is also added , but has little to no impact on developers).
In addition to TRON, several other chains can almost be regarded as the test network of ETH.
On the bright side, these public chains perfectly inherit ETH's developer ecosystem, including but not limited to web3/solidity/remix. If etherscan is willing to give them a chance to access the browser, it is estimated that some of them will not refuse.
That's like saying these companies still use metamask for free, so a friend of mine says meta should ban their chainID. Or charge for some of them (from the perspective of being able to use it to this day, it may really be a charge)
All of this allows the three major developers to receive developer resource overflow (contract development and deployment, or move without difficulty) and value overflow (cross-chain) from ETH.
On the less optimistic side, this is an IFO feast that has nothing to do with business ethics, but without the bottom line.
As I said before, exchanges are a good business, and so are public chains.
You see, an exchange that is doing well, after the failure of its self-developed public chain, can't help but start copying ETH crazily, enjoying the ecological value overflowed by ETH.
(This also creates a weird situation where almost every exchange has two or more chains, such as Binance chain and BSC, OKchain and Okexchain, nervos and heco)
We are also seeing some signs that these exchanges may not be satisfied yet, they are still in the market to find suitable public chain targets. As you can see, the price of ADA has been surging recently and various rumors point to CZ milking it.
Honestly, it was so fast and shameless.
However, there is indeed a "money" way. You can get a feel for this by looking at the locked value of several emerging exchange public chains. Who wouldn't want to see the value contained in ETH?
In this case, do not talk about any feelings, it is better to reproduce ETH perfectly.
There are still many questions:
1. The developer ecology is extremely scarce, and almost all developers are in friction with the existing ecology of ETH. I already complained above;
2. The infrastructure is not perfect
Recently, I have been interacting with contracts on the heco chain a lot due to arbitrage transactions on heco. I think it's almost full, the RPC service is extremely unstable, and the claimed low gas probability is outdated. Yes, gas costs are going up.
I'm not very familiar with BSC, so I can't speak nonsense.
From the testnet test I have been running for a few days, OKexChain shows that the load is not full, but the RPC service is also unstable.
3. It is difficult to audit the public chain issued by the centralized exchange.
For a decentralized public chain, how should the community monitor the projects deployed on it? ETH may have some experience.
But for these emerging public chains that really control the power of CEX, it is very confusing.
On the one hand, in fact, these public chains have no real community, only users of the original exchange.
On the one hand, they still lack experience or lessons in ecological operations. The problems that happened with eth last year are and will inevitably be repeated in the emerging public chains.
This dog is rampant.
Generally speaking, the technical and governance problems that arise on ETH will be repeated on these new public chains, one chain cannot escape, and one pit cannot be avoided.
This means that investors should be cautious about these emerging public chains and their programs in the past, present and future. Thinking back to those pitfalls on ETH will help keep your wallet safe.
Although the first mine was good, the headmaster is still there.
Speaking of TRON, as a public chain based on EVM, this product can be said to be the least like ETH.
Tron,