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Not an expert. But for me the most important factor is that Bitcoin’s supply is limited, whilst Eth’s is unlimited.
by santiagobasulto 6y ago
Not an expert. But for me the most important factor is that Bitcoin’s supply is limited, whilst Eth’s is unlimited.
- djohnston 6y agoIs is? I thought they both ran on similar deflationary policies related to diminishing block rewards
- capnorange 6y agoEthereum operates on "Minimum viable issuance" so unlike Bitcoin there is no hard cap. Eth wont be deflationary until EIP-1559, maybe never.
- intotheabyss 6y agoIt's not like Bitcoin has a hardcap in any of our lifetimes. Coin yearly inflation is the metric people should be concerned about. BTC is less than 2%, whereas Ethereum is around 4% today. With PoS, this figure will drop to <2%, so equivalent to Bitcoin. The whole "ETH supply is infinite" is such a lame argument. It's not infinite, because your life isn't infinite. It has a finite yearly inflation, just like Bitcoin.
- alwillis 6y agoBTC is less than 2%, whereas Ethereum is around 4% today Let's not forget Bitcoin's block subsidy (currently 6.25 BTC) is cut in half every 210,000 blocks or about every 4 years. Bitcoin is deflationary—88.44% of all Bitcoin that will ever be produced have already been issued. We have no idea where Eth is with its production of currency.
- capnorange 6y ago> It's not like Bitcoin has a hardcap in any of our lifetimes. You must be a EMH denier :) > ETH supply is infinite I never claimed that ETH supply is infinite, just that the issuance is unpredictable.