Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues

A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effect that the EIP-1559 proposal has caused in the issuance of the currency is said to be the main cause of this. Ethereum in the Spotlight A new paper released by members of Australian universities last month is putting the spotlight on Ethereum and its possible future as a store of value. The paper, titled “Better than Bitcoin? Can cryptocurrencies beat....


Related News

Study: 60% of Digital Asset Holders Store Funds on Exchanges While Half Deriv...

Despite the risks that come with storing crypto assets with third parties, the findings of a new study suggest many cryptocurrency holders still trust exchanges with the safekeeping of their funds. Conducted by Binance Research, the study finds that 60% of “the general population store their cryptocurrencies on an exchange.” In contrast, 26% of the respondents use cold wallets and only 11% are using hot wallets. Security of Funds Remain a Key User Concern Dubbed the 2021 Global Crypto User Index, the study’s findings “are based on a global survey issued to over....

The Day Ethereum beats Bitcoin: Is The Flippening Coming?

It’s Ethereum time to shine. The smart contracts pioneer is doing so well lately that the flippening narrative returned. With a vengeance. The flippening refers to the hypothetical time when ETH’s market capitalization surpasses that of BTC.  Will that ever happen? Can Ethereum dethrone Bitcoin and become the king of the crypto space? And if […]

Ethereum, Bitcoin, Cardano Are Most Popular Cryptocurrencies in Singapore: Study

A new study shows that ethereum is the most popular cryptocurrency among more than 4,000 adults surveyed in Singapore. The second-most popular crypto is bitcoin, followed by cardano. Singapore-Based Crypto Investors Prefer Ethereum, Bitcoin, Cardano The new 2021 State of Crypto in Singapore, a joint study by Seedly, Gemini, and Coinmarketcap, was published Monday. It contains a survey of 4,348 Singapore-based adults ages 18 to 65 across varying household incomes. The survey was conducted between June 29 and July 9. It included 2,862 respondents who said they were current crypto holders and....

Cardano Will Surpass Bitcoin And Ethereum To Become World’s Biggest Crypto – ...

Charles Hoskinson, the visionary founder of Cardano, boldly predicted that ADA, the native token of the Cardano blockchain, is poised to dethrone the current cryptocurrency giants, Bitcoin and Ethereum. Hoskinson’s proclamation at the highly anticipated Rare Evo conference has sent ripples of excitement and speculation throughout the cryptocurrency community, sparking fervent discussions about the future […]

Brain Wallets Are Not Secure and ‘No One Should Use Them,’ Says Study

The so-called “brain wallets” have always been a topic of heavy debate in the Bitcoin world, as this solution to store funds is far from secure. Memorizing passwords is hard enough for people, but there are bigger worries with brain wallets than most people anticipate, according to a new study. Despite the idea of a brain wallet using cryptography to add....