Thesis: Bitcoin Whitepaper Makes the Case for iEthereum

Abstract:

The growing demand for efficient, secure, and decentralized payment systems has highlighted the limitations of traditional financial infrastructure and first-generation cryptocurrencies like Bitcoin. iEthereum emerges as a superior solution, combining the foundational principles of decentralized value transfer with the programmability and scalability of Ethereum’s infrastructure while having the capability of leveraging existing hardware technology in our hands.

This thesis argues that iEthereum is one of the best available technologies for Peer-to-Peer (P2P) and Business-to-Business (B2B) payments due to its simplicity; its focus on streamlined value transfer, advanced programmability, and its distinct separation from Ethereum’s base layer, which ensures clarity of purpose and avoids conflicts of interest. Moreover, iEthereum’s highly speculative integration into Apple’s ecosystem enhances its utility by leveraging the company’s global hardware, software, and security infrastructure, facilitating seamless adoption and usage for billions of people worldwide. By addressing scalability challenges, solving the double-spending problem, and ensuring privacy and security, iEthereum is positioned as a future-proof and adaptable solution for the evolving digital economy. This thesis explores iEthereum’s strategic advantages, its synergy with Apple’s ecosystem, and its potential to revolutionize global commerce, providing a robust and sustainable alternative to existing payment systems.