MarsBit’s market analysis frames Ethereum as following the same historical route once taken by the Internet and Linux: when different participants refuse to accept one another’s private systems, the neutral layer becomes the structure that can support broader cooperation. In this view, Ethereum’s core strengths are credible neutrality, permissionless access and sovereignty, and these characteristics are described as the reason it is becoming a consensus base layer for global financial infrastructure.
Open Rules Versus Proprietary Networks
The analysis compares Ethereum with the way the Internet and Linux displaced proprietary networks and closed systems. Their advantage, as presented in the article, did not come from control by a single giant, but from open collaboration and shared rules that allowed a wider range of participants to build on the same foundation. Ethereum is placed in a similar role: institutions and application builders do not need to submit to the private standard of one company, but can work around an open network with rules that are not designed for one participant alone.
The article also cites private-chain efforts promoted by major players, including Tempo, Arc and JPMorgan’s chain, saying they ultimately fail because they lack neutrality. By contrast, Ethereum is described as winning continued migration from institutions and the application layer through open collaboration, a broad developer ecosystem and immutable rules. The central argument is that Ethereum is not being selected because a centralized actor grants permission, but because its base-layer properties are transparent, open to participation and not aligned with a single controlling party.

