Bitcoin vs. Ether: We Will Invest In and Transact with Ether Differently, Here is Why
Will we invest in and transact with Ether differently than we do with Bitcoin, since the two currencies have different monetary policies? Ether has been dubbed Bitcoin’s challenger or its rival – Andreas Antonopoulos’ warning to stop calling ethereum "the bitcoin rival" is generating an intense debate on Twitter and Reddit. What individuals make of the growing debate over Ether and Bitcoin rages on with comparison being made from the point of view of how people invest in and transact with the two digital currencies. Ethereum as a means of exchange. Analyst and Blockchain Products....
Related News
Kraken, a top 10 digital asset exchange by volume, has recently partnered with The Economist in an effort to provide an answer to one of the most frequently asked question in the cryptocurrency investment space: Bitcoin, Ether or both? $1 Million into Bitcoin? Ether? or Both? A competition was created and the following question was put forward to thirteen participating teams from various MBA (Master of Business Administration) programs around the world: You have $1M to invest across bitcoin and ether. You cannot touch your investment for the next 5 years. How much of that $1M do you invest....
Jaxx, the combination bitcoin/ether wallet from the KryptoKit team, has been approved by Apple and is now available for download on the iOS App Store. Jaxx: First Ether Wallet on iOS. It is the first iOS wallet to transact in ether, the native currency of Ethereum’s smart contract platform. Despite not being intended for use as a spending currency, ether....
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using Polygon Hermez. It’s Cheaper to Move Ethereum Today, Network Still Has Higher Transfer Fees Than Most Blockchain Networks While data transfer fees on the Ethereum network have slid 35% in the past week, fees are still considerably higher than most....
wETH is the ERC-20 compatible and tradable version of ETH and can be used to interact with other ERC-20 assets. Traders who use the Ethereum network are familiar with the ERC-20 technical standard and have most likely traded and invested in tokens that utilize it. After all, its practicality, transparency and flexibility have made it the industry norm for Ethereum-based projects.As such, many decentralized applications (DApps), crypto wallets and exchanges natively support ERC-20 tokens. However, there’s one problem: Ether (ETH) and ERC-20 do not exactly follow the same rules, as Ether was....
Kraken exchange has partnered with The Economist to ask students, from selected MBA programmes, about their preference between the two digital currency networks and why. They were asked the question: “You have $1 mln to invest across Bitcoin and Ether. You cannot touch your investment for the next five years. How much of that $1 mln do you invest in each? Why?” Kraken CEO Jesse Powell explains in a video: “This competition is an opportunity for you guys to learn about digital assets and to take what you’ve learnt and develop a profitable digital asset investment strategy. We’re asking you....