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It's interesting because for so many years, Ethereum was hailed as this ultra-resilient alternative to Bitcoin. Developed slowly and deliberately after Bitcoin
by meowface 10y ago
It's interesting because for so many years, Ethereum was hailed as this ultra-resilient alternative to Bitcoin. Developed slowly and deliberately after Bitcoin had already gotten traction, it was supposed to fill in where Bitcoin couldn't.
Instead, it's proved to be far more chaotic and unreliable than Bitcoin at its worst hours. Building currencies (or a "decentralized smart contract platform") is hard.
- ThatButerinCut 10y agoReally it was doing ok, they were warned about the bug and released it anyway. Their problem is simple, you can't have people or persons in charge of the blockchain, it's not their property. Same old same old in crypto, human greed and egos ruin things everytime.