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I have high hopes for Ethereum. Bitcoin has no plans to ever move away from the "burn arbitrarily increasing quantities of electricity" approach to security. Et
by kcorbitt 5y ago
I have high hopes for Ethereum. Bitcoin has no plans to ever move away from the "burn arbitrarily increasing quantities of electricity" approach to security. Ethereum is willing to experiment, and is willing to be pragmatic in the pursuit of scaling while still not sacrificing decentralization/uncensorability.
There are a number of innovations coming out on smaller alternative chains, but the Ethereum community still seems humble and nimble enough to adopt any of those innovations that work. That combined with its strong network effect make it likely to win.
- ralusek 5y agoIt's not even security, just consensus.
- xiphias2 5y agoI don't know how much money you have in Ethereum, but for me, it's irresponsibly too much in Bitcoin (I have been holding since 2013). I'm happy that Bitcoin developers don't experiment with my money, as it's a great inflation hedge right now as it is. Of course I would love some of the innovations that Ethereum made, but it's OK to take things slow, as it's already good enough for 1 thing. Bitcoin and Ethereum can happily coexist, they both have lots of options to grow, and I don't think either of them is going away.