Altcoins News

Story: Will BNB Come Closer To Bitcoin? Ethereum (ETH) Close to BTC than Any Other

By Dan Saada

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Ethereum price is closer to Bitcoin than any other token.  While BNB will have to grow 6x to catch up with ETH and it will take a lot of energy and work for BNB to come near…

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Eth needs to grow by 16x to touch BTC price.  Ethereum Advocates are like ETH deploys smart contracts and Decentralized apps. Bitcoin doesn’t do neither.

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Some of them are wondering if all the drawback in price is due to whales bringing ETH down just to buy it off on July 25th cheaper then cheap!

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The July thing is expecting the “Altair” upgrade, which is tentatively scheduled for activation this summer, either in July or August. 

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Altair is a sort of “warm-up upgrade” before the Ethereum blockchain fuses with the Eth 2.0 Beacon Chain and transitions to a PoS protocol.

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The Network Participation rate is 99.5% The number of Active Validators is:  141,327 + Total ETH Staked is 4,772, 345 ETH.

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Reportedly, The Altair upgrade ups the ante on validator responsibilities.  At present, fully inactive validators lose nearly 11.8% of their staked ETH balance.

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With Altair Upgrade, the network will not be as forgiving of malicious behavior like before.  There will be an increase in slashing and penalty parameters.

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Several users recall how they were disgusted by Ethereum gas fees. They have turned to BSC (Binance Smart Chain) and they feel it is way more user friendly.

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Until Bitcoin upgrades with smart contracts! It just looks like BNB is snatching ETH users to its BSC use cases already.

The Currency Analytics

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