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Ethereum is the most interesting altcoin I agree but it was always designed to be something sufficiently different to bitcoin, unlike most altcoins. However et
by celticninja 6y ago
Ethereum is the most interesting altcoin I agree but it was always designed to be something sufficiently different to bitcoin, unlike most altcoins.
However ethereums adoption is considerably below that of bitcoin, possibly because the use cases are so varied there is not one strong reason for involvement. There may be many minor reasons that small specific groups have an interest in it but that isn't sufficient for widespread adoption.
The most important thing Ethereum is working on is PoS over PoW, and that technology, I expect, will transfer to bitcoin I'd Ethereum implements it successfully first
- chrisco255 6y agoBitcoin is never quitting PoW. The Bitcoin core maintainers and consensus are adamant about PoW. The ETH2 work is important but the app layer on Ethereum is where the action is at today. Decentralized Finance is growing at 30x rate per year: https://defipulse.com/ https://defipulse.com/ . I fully expect this development to eventually eat most of the financial markets. They are going after derivatives, lending, options, etc. It's an extremely fast moving and innovative field and Bitcoin is frankly getting left in the dust. They will not implement Turing completeness. A lot of Bitcoin will end up wrapped and deployed on Ethereum. There's already $7.7B worth on there today: https://defipulse.com/btc https://defipulse.com/btc https://defipulse.com/ https://defipulse.com/