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Ethereum emerged as a competitor as it introduces programmable smart contracts over Bitcoin. Bitcoin is a distributed ledger of amounts or limited storage, whil
by hbbio 3y ago
Ethereum emerged as a competitor as it introduces programmable smart contracts over Bitcoin. Bitcoin is a distributed ledger of amounts or limited storage, while Ethereum executes programs.
Also, BSC is just one of the numerous Ethereum forks, most nodes seem to be controlled by related parties and linked with high-speed networking, making it (much) more centralized hence a considerably easier problem to solve.
- injeolmi_love 3y agoThere are a variety of ways to write smart contracts on BTC; it’s simply factually false that smart contracts are a primary differentiator between btc and eth. BTC has supported scripting from the beginning while lightning and taproot allow more complex contracts. https://bitcoinmagazine.com/technical/why-bitcoin-smart-contract-platform https://bitcoinmagazine.com/technical/why-bitcoin-smart-cont...
- hbbio 3y agoThis comes years after Ethereum...