Ethereum 2.0 vs. the top Ethereum killers|The Market Report
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss Eth2 and how it compares to the competition. “The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts give you the details about Ethereum 2.0, its main competitors, and how they differ from each other.To kick things off, we break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: Bitcoin ‘Bart Simpson’ returns as BTC price dives 7% in hours: Bitcoin (BTC) price action failed to crack $32,000....
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The new competitive arena in the so-called scaling wars is between Ethereum-enhancers, not Ethereum-killers.
“All the Ethereum killers from back in the day didn't succeed, and I don't expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph. Blockdaemon’s ETH ecosystem lead Freddy Zwanzger believes Ethereum will retain its leadership position in the crypto ecosystem over the coming years due to its utility as a smart contract platform and upgrades to the network following the Merge. Speaking to Cointelegraph during the Ethereum Community Conference (EthCC) this week, Zwanzger said:“It'll continue to be a leader. I mean, obviously, the first and most important smart contract....
A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” Related Reading: Maker (MKR) Rockets To $1,500 With....
Only two of Ethereum's recent competitors had a "fair launch" according to the specified criteria. Mythos Capital founder Ryan Sean Adams called Ethereum killers “toothless” based on initial token allocation schemes that often prioritize insiders:Source: Twitter.Adams was referring to a recent Messari report, which summarized the token distribution for some of the most popular Ethereum (ETH) alternatives launched in the last couple of years. There are four main distribution categories: public presale, community allocations, insiders, and each project's respective foundations. Source:....
While it may still be the primary network hub for defi activities, smart contracts, and NFTs, bridges built using competing networks like Tezos could pose a serious challenge to Ethereum’s market share in these areas. New Solutions to Old Problems Could Undermine Network’s Potency In the time since the network’s unveiling, Ethereum-killers have abounded with claims that they would displace the network with faster transactions, more scalability, lower fees, and effectively do just about everything better. Despite all the hype surrounding these answers to Ethereum’s....