Analyzing the Monopoly of Ethereum EVM Compatibility from Huawei Xiaomi Operating System

Ten years ago , when Android and iOS first emerged as the dominant players , even Microsoft failed to launch a mobile operating system. Since then, all business teaching has been talking about ecosystem-level platforms. Once a monopoly emerges, others have no chance.

Now that Huawei and Xiaomi have both released their operating systems, I think they will most likely be successful and not fail like Microsoft's wPhone.

I think the main reasons are as follows:

1. Compared with 10 years ago , there are too many hardware now, including mobile phones, PCs, pads, watches, VR, TVs, smart homes, and there are bound to be more and more smart cars. These hardware are all interrelated and need to work together, and they often come from the same manufacturer. For example, Huawei and Xiaomi both produce these things.

In this context, it is very necessary for manufacturers to design a unified operating system for these hardware themselves, so as to better utilize the performance of these hardware and make them cooperate with each other.

This may be the Internet of Everything.

But 10 years ago , there were not so many hardwares. Everyone just had a mobile phone, and there was no need for computers and mobile phones to communicate with each other.

2. Nowadays, mobile phones are becoming more and more important . The money that users keep and spend on their mobile phones may exceed all other ways of spending money.

Data security is the lifeblood of users, and privacy protection has become the focus of mobile phone promotion.

Think about mobile phones 10 years ago . The biggest loss if you lost a phone was a phone. Stolen phones in the market would be sold to others the next day.

If a mobile phone is stolen nowadays, it would be fatal if the apps and data inside it were stolen.

In this context, it is even more necessary to develop our own operating system.

3. I feel that the difficulty of developing an operating system has been greatly reduced , and the cost has been relatively greatly reduced.

In the past 10 years , the development of the computer industry has made these basic knowledge more popular, and more people have the ability to develop operating systems. It is estimated that 10 years ago, people who were able to get involved in operating systems were concentrated in the United States .

Especially with the development of artificial intelligence, program development work has become less costly and has a lower threshold of difficulty.

The Ethereum Virtual Machine (EVM) is very similar to a computer operating system. Currently, EVM is in the blockchain industry like the mobile phone operating system ten years ago. EVM is in a monopoly position, and almost all smart contracts run on EVM.

To be more precise, the current blockchain virtual machines are a duopoly of EVM and Bitcoin script engine.

If you want to ask whether there are still entrepreneurial opportunities in public chains, or whether there is any public chain that can surpass Ethereum, judging from the current situation, it is likely to be the same as the mobile phone operating system ten years ago. Even Microsoft cannot come up with a more powerful public chain that is not compatible with EVM.

The main reasons are very similar to the analysis above.

1. The current blockchain application scenarios are very limited , mainly digital currency and DeFi, and the others are just small-scale.

The huge success of the DeFi ecosystem based on the Ethereum virtual machine has established the monopoly of EVM, which requires all public chains to be compatible with EVM.

I think that only if the application scenarios of blockchain technology become more numerous, it will be possible to break the monopoly of EVM.

For example, GameFi. It is now obvious that the framework based on EVM has never taken off, and this year those who are engaged in zk -rollup have begun to develop better full-chain games . Zk -rollup is essentially incompatible with EVM .

2. Cryptocurrency is too important . It is money. Users attach great importance to security, and the main reasons for security are based on time and decentralization.

Ethereum has survived long enough, people have strong enough trust in it, and it is decentralized enough that people dare to deposit large amounts of money into it.

Unless there is a more secure solution, there is not enough motivation for people to migrate. When setting up any new public chain, everyone has concerns about security.

This is the opposite of the security solution of the mobile phone system. The more closed the mobile phone is, the safer it is. iOS is safer than Android, but the blockchain EVM is destined to be more open and open source. This is also the most important reason why the EVM monopoly is difficult to be shaken.

Rollup has shaken the monopoly of EVM to a certain extent, because Rollup essentially obtains security through Ethereum L1 , but the execution layer can be customized, which means it may be incompatible with EVM.

Now some chains are gradually trying to use trusted hardware, which may also lead to major breakthroughs in security.

3. Finally , I think the cost of developing a public chain with a virtual machine is still too high. The threshold is high enough. It takes hundreds of millions of dollars in financing to build a public chain . Who would dare to mess around?

But I think that technology can be accumulated, codes are open source, and latecomers can stand on the shoulders of their predecessors. The cost of developing public chains will definitely drop significantly in the future.

In general, mobile operating systems are likely to break the duopoly situation, and the development and dominance of technology are always changing and evolving.

Although the Ethereum Virtual Machine (EVM) currently has a clear advantage in the blockchain field, technology and market demand are constantly evolving.

In the future, there will most likely be new public chains and new virtual machines to challenge the monopoly of EVM.

For investors, developers and consumers, maintaining a sensitive market sense and constantly learning and adapting to new technological changes will be the key to the future.