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Here it is folks, it's not me who says it, but coinmarketcap;
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So, currently bitcoin handles about ~290k transactions per day / 3.3tps . Ethereum atm has 4.22TPS ( with enough room for more ), meaning it handles about ~25% more transactions, and they still cost cents compared to ~5$ on bitcoin. This is merely an example to combat FUD where trolls claim bitcoin scales better currently. https://blockchain.info/chartshttps://etherchain.org/
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According to http://www.flippening.watch/ , ethereum surpassed bitcoin in volume, mining reward ( aka most secure chain by hashrate ) and nodes, having 4 times more. To be noted that even though ethereum has 92% of bitcoin's transactions, technically it has MUCH more because tokens that work on it aren't taken into consideration. Which means, today, ethereum surpassed bitcoin by any metric, except for the market cap. Some of you listened to trolls and thought ethereum is a scam, some of you saw past that.
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So, this is really cool http://www.trustnodes.com/2017/06/07/singaporean-dollar-tokenized-ethereums-blockchain-monetary-authority-singaporeAlthough they will use a private implementation of ethereum, this statement is really important: "The tokenization was inspired by R3’s Project Jasper, which was trialed by the Bank of Canada, but they seem to have opted for the use of Ethereum, probably because it has a public blockchain which may allow for greater interoperability and security."So, while these domestic currencies will have their own private chain, they will be most likely interoperable with the public implementations for extra security.
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Interesting article https://www.bloomberg.com/news/articles/2017-06-06/putin-eyes-bitcoin-rival-to-spur-economic-growth-beyond-oil-gasFew Quotes: Russian president met with founder of cryptocurrency EthereumCountry may use Ethereum to create national virtual currencySo yeah.Please do listen to internet trolls that tell you ethereum is a scam. They definitely know better than everyone else, because they care so much about you, they don't want you to lose money. Or maybe because they want you NOT to make money, since less early adopters means more $ later for each early adopter.
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So apparently meeting Vitalik in person was on Vladimir Putin to do list, proof on Kremlin's website http://en.kremlin.ru/events/president/news/54677This confirms what Vitalik said a while ago that he spoke with Putin and several CEO's behind closed doors.
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I remember a time when bitcoin community used to stand for decentralization (against centralization), fighting regulation with bitcoin as a weapon, a token/coin for the people supposedly immune to government reach, regulation and centralization. But things have changed. Those lucky enough to be "early adopters", drunk with power and money became arrogant, dumb, greed and egocentric and tried to centralize bitcoin power in their own hands wether it's a fight between bitcoin groups or simply bitcoin vs other communities and they have destroyed it (bitcoin). Now, one of the bitcoin maximalists, a guy that makes a living harrasing people on twitter to come " at his show " doesn't want decentralization anymore and feels threatened by ethereum and icos and begs for SEC to step in because, quote, "ICOs & ‘Tokens’ are killing innovation". What innovation ? Public blockchain scene is where it is because bitcoin has rivals and will force it to evolve. This is what decentralization means. Feeling threatened is foolish and if you are one of those, cash out or diversify. It's stupid to turn back to authority when you claim you're here to get away from it. It just means you only came here because you tossed a coin and decided it worth the risk without enough due diligence. Altough i do believe a few of these ICOs may be scams ( most of them won't fail because they are scams, but because of incompetency of dev teams ), some of them are actually game changing ( like BAT ). And i do agree a better solution is needed for handling these ICOS that sell out in seconds (i've paid 100E in fee and still didn't get in). Link of the bitcoin maximalist that's fud-ing ethereum 24/7 because he feels threatened https://twitter.com/derosetech/status/870056707480838146
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I am curious about what some bitcoin maximalists think;
1. Do you guys still believe the most secure chain by hashrate should be the only one ? 2. Do you believe the most liquid chain should be the only one ?
I ask these questions because for weeks now ethereum is the most secure by hashrate and the most liquid chain in terms of volume. And most people said, usually bitcoin maximalists, that the most secure chain by hashrate and the most liquid one, aka biggest volume, is the only one that matters.
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