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What's better about Ethereum in this regard? People are still looking to Bitcoin because its substantially larger than Ethereum in pretty much every way (develo

What's better about Ethereum in this regard? People are still looking to Bitcoin because its substantially larger than Ethereum in pretty much every way (development, market cap, awareness, etc), its got a way better track record than Ethereum, its far more decentralized (Vitalik is still the god of Ethereum). There's lots of reasons people still look to Bitcoin. > Surely one of the newer generation like eth is better suited? Why surely?

axiosgunnar 5y ago
Isn‘t ETH in the vicinity of an order of magnitude to Bitcoin's market cap etc? Which is „pretty much the same“ in crypto terms.
zionic 5y ago
Bitcoin is essentially dead development wise, virtually all exciting development is happening on ETH.
CryptoPunk 5y ago
There is substantially more development on Ethereum: https://medium.com/electric-capital/electric-capital-developer-report-2020-9417165c6444 https://medium.com/electric-capital/electric-capital-develop... There is also substantially more economic activity on Ethereum, with users paying 10X more fees to utilize it over the last 7 days: https://twitter.com/iamDCinvestor/status/1392468184482164741 https://twitter.com/iamDCinvestor/status/1392468184482164741
- somjeed 5y ago
  I'm skeptical of a few things in the medium post, for instance if you compare the etherium's ERC20 defi ecosystem to bitcoin, you will get more git repositories because there are simply more coins. Secondly, more is not always better, and measuring developer activity by git repositories is like measuring lines of code as a metric for the amount of work being done.
smabie 5y ago
I hear much more talk about ethereum than I do about BTC. He'll, I don't even have a personal BTC wallet and no one I know does either. Everything is ERC20: if you want BTC exposure, you hold WBTC not BTC.
ButtSpark69 5y ago
Because right now Bitcoin can only do currency, whereas Ethereum (and some other crypto's) can do anything a computer can do, since they are turing complete. Granted there are projects on Bitcoin, like rootstock, that have the goal of adding the capability, but my personal take (and I think a lot of others) from being in the space many years, is that its unlikely these will ever get released and/or adpoted.

axiosgunnar 5y ago

Isn‘t ETH in the vicinity of an order of magnitude to Bitcoin's market cap etc? Which is „pretty much the same“ in crypto terms.

zionic 5y ago

Bitcoin is essentially dead development wise, virtually all exciting development is happening on ETH.

CryptoPunk 5y ago

There is substantially more development on Ethereum: https://medium.com/electric-capital/electric-capital-developer-report-2020-9417165c6444 https://medium.com/electric-capital/electric-capital-develop... There is also substantially more economic activity on Ethereum, with users paying 10X more fees to utilize it over the last 7 days: https://twitter.com/iamDCinvestor/status/1392468184482164741 https://twitter.com/iamDCinvestor/status/1392468184482164741

somjeed 5y ago
I'm skeptical of a few things in the medium post, for instance if you compare the etherium's ERC20 defi ecosystem to bitcoin, you will get more git repositories because there are simply more coins. Secondly, more is not always better, and measuring developer activity by git repositories is like measuring lines of code as a metric for the amount of work being done.

smabie 5y ago

I hear much more talk about ethereum than I do about BTC. He'll, I don't even have a personal BTC wallet and no one I know does either. Everything is ERC20: if you want BTC exposure, you hold WBTC not BTC.

ButtSpark69 5y ago

Because right now Bitcoin can only do currency, whereas Ethereum (and some other crypto's) can do anything a computer can do, since they are turing complete. Granted there are projects on Bitcoin, like rootstock, that have the goal of adding the capability, but my personal take (and I think a lot of others) from being in the space many years, is that its unlikely these will ever get released and/or adpoted.