Money Talk

Bitcoin or Ethereum?

Submitted by Hybreed, , Thread ID: 107154

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RE: Bitcoin or Ethereum?

meus parabens
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17-12-2018, 03:58 PM
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With values for both bitcoin and ethereum so low, is one really better than the other? Lets take a look at the fundamentals. According to Investopedia, when compared with bitcoin, ethereums language is Turing complete, and its blocktime how long it takes to complete a transaction is also faster.

David Mondrus, CEO of Trive, has said that ?bitcoin has its scaling problems. Mondrus continued, stating that bitcoin has had scaling issues for several years now, and that its blocks currently have a 1-megabyte (MB) limit, which means that blocks on the bitcoin blockchain are only able to contain 1 MB of data.

?Ethereum has its scaling problems [as well], but in ethereums case, the move towards a scalable solution like sharding is well underway, he said.

Also, as a Quartz article touches on, ethereum will continue to grow in the number of Dapps that are built on its platform. ?In 2018, it will move from proof of work to proof of stake, the article states.

Other reasons to be optimistic about ethereum over bitcoin include the fact that it is the ?most widely used and ?most stable network, Mati Greenspan, senior market analyst at eToro, told Forbes.

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