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To Hit $1T TVL, Ethereum Must Play the Ace
- Protecting intellectual property is crucial for business survival, as seen in the hardware and algorithm design industries.
- Openly sharing development plans in the blockchain space allows competitors to replicate strategies, leading to fragmentation.
- Fragmentation in the blockchain market poses challenges for established giants like Bitcoin and Ethereum.
- Newer projects with larger initial funding can front-run leaders by leveraging open-source development.
- The transparency of blockchain protocols threatens the market share and growth potential of established chains.
- Large financial institutions benefit from open-source research without significant contribution back to the community.
- Implementing more competitive and incentivized models for accessing research data could benefit the ecosystem.
- Creating knowledge marketplaces based on contributions could enhance collaboration and development in open-source projects.
- Prioritizing community involvement and trust is crucial for the growth and sustainability of blockchain ecosystems like Ethereum.
- Balancing openness with strategic data sharing and fostering a committed community can lead to the success of blockchain projects.
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