The Currency Analytics
By Dan Saada
Ethereum (ETH) Dominating BTC
Ethereum definitely puts stress on their clients by its inability to scale. It is true that scalability is a problem in several other cryptocurrency network, but Ethereum…
The developer teams have been working non-stop literally forever to do something about increasing its capacity.
Ethereum 2.0 is coming with lot of changes and ETH advocates are hopeful that these changes will help them dominate Bitcoin.
Sydney Ifergan, the crypto expert tweeted: “Ethereum (ETH) is neighbor in the ranking list to Bitcoin in the nearest vicinity to win over BTC ranking.
It is well known that the proof of work has been very inefficient and Ethereum are moving to the proof of stakes system.
Sharding has been introduced with lot of hope to solve the scalability issue of the ETH network, thus contributing to improve the efficiency of the network.
The Ethereum Virtual Machine (EVM) is one other reason by virtue of which the community is expecting ETH to dominate BTC.