Ignas responded to Vitalik: Do not sacrifice L1 transaction fee revenue for value storage

In response to Vitalik's suggestion that Ethereum should prioritize strengthening its positioning as a value storage, DeFi researcher Ignas published a statement claiming that ETH may be more suitable as a value storage asset than BTC and ZEC. The advantages he mentioned include native staking rewards, privacy features in the roadmap, and potential deflation achieved through transaction fee burning.

Ignas also stated that using BTC or ZEC as collateral to obtain loans typically requires reliance on wrapped assets or trust in banks and centralized exchanges, while ETH can achieve native collateralization and asset exchange on the same chain. He also expressed hope that Vitalik would shift towards the value storage positioning, not because he believes that Ethereum L1 will never generate enough transaction fee revenue to drive ETH deflation; scaling will reduce transaction costs, but the key still lies in whether market demand can grow in sync and whether the Ethereum community can drive demand enhancement.