Altcoins News
By Steven Anderson
1 / 11
Ethereum was primarily marketed as a “decentralized” app store. This would allow “dapps” to be created up by any developer without any restriction.
2 / 11
However, at launch, Ethereum came up with the idea of a premine. Ethereum launched with 12 million ETH for the developers, and 60 million for the ICO participants to buy.
3 / 11
Reportedly, the Ethereum community came up with narratives to prove the product-market fit for ETH and for all the projects they were into.
4 / 11
Sometimes it was through Dapps, crowdfunding, NFTs, DeFi, Open Finance, and radical markets.
5 / 11
Ethereum also contributes to the Store of Value, which means they are trying to serve as the store of value for literally everything under the sun in a slightly different way…
6 / 11
Ethereum is special, and it is here to stay, because it does everything that Bitcoin does, but many and every other thing that Altcoins do (or) might become capable of doing.
7 / 11
The way Ethereum works is subject to criticism by many, stating that Vitalik Buterin is a major influencer.
8 / 11
Ethereum has been subject to many criticisms about their protocol changes over the years through Sharding, Switching from Proof of Work (PoW) to Proof of Stake (PoS), EIP 1159.
9 / 11
The argument of whether Ethereum is more important than Bitcoin always exists. Technically, yes.
10 / 11
Anyone who speaks about Bitcoin superiority have the store of value concept in bias and priority. Before one can store the value, there is a lot to be accomplished.
11 / 11
Ethereum can replace Bitcoin but Bitcoin can't replace Ethereum.
The Currency Analytics
Want the full story?