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"In other words, Ethereum offers little more for day-to-day use than Bitcoin does." Except for faster transaction confirmations, and lower fees. A network wit
by ErikAugust 9y ago
"In other words, Ethereum offers little more for day-to-day use than Bitcoin does."
Except for faster transaction confirmations, and lower fees.
A network with close to three times (28756 versus 11788) as many nodes behind it.
If you want to look at fundamentals, Ethereum is offering more for day-to-day use than Bitcoin does.
- apo 9y agoExcept for faster transaction confirmations, and lower fees. That may well turn out to be a temporary feature. Until 2015 (its sixth year of existence), Bitcoin had negligible transaction fees. Ethereum and Bitcoin are subject to the same limitations: namely that every node requires every transaction to fully validate the chain. Both systems are also subject to the same limitations that will throttle "mass adoption:" the need to secure cryptographic material from network-based attacks.