Friday, April 08, 2022 1:42:56 PM
Developed on the Ethereum blockchain…..
“While Bitcoin today is the largest crypto by market value, Marchesoni says, Ether could become the leader after its infrastructure upgrade, also called the "Merge," marking the end of the proof-of-work for Ethereum.”
“One of the top concerns regarding Ethereum's current network is the amount of energyconsumed during operations. Ethereum 2.0 promises to be a more sustainable alternative. The Ethereum Foundation estimates that Ethereum's PoS upgrade will decrease its energy usage by 99.95%. Ethereum 2.0 is expected to launch sometime in 2022 in separate phases.”
“There are some other key differences between Bitcoin and Ethereum. Some parts of the world use Bitcoin as a means of exchange for goods and services. Bitcoin has been adopted as legal tender in El Salvador, for example. This has been met with scrutiny because Bitcoin's volatility can be a challenge for the local population that uses it for transactions.
Ethereum's transactions are not monetary in nature; rather, a collection of codes, or smart contracts, are deployed on the network. These smart contracts are the building blocks of Ethereum applications.”
"This feature makes Ethereum dynamic and growing, while Bitcoin wants to be boring and stodgy. Ethereum's value comes from what its network can create, while Bitcoin's value derives from what its network can protect," Marchesoni says.
https://money.usnews.com/investing/cryptocurrency/articles/bitcoin-vs-ethereum-which-is-a-better-buy
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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