Fred Ehrsam present an extensive overview of the current state of things, along with some reasoning behind Coinbase’s decision to incorporate Ethereum into its platform.
My theory has been that the scripting language in Bitcoin — the piece of every Bitcoin transaction that lets you run a little software program along with it — is too restrictive.
The article outlines the recent milestone set by TheDAO project which has raised more than 11 million eth, Ehrsam states that the level of app development in Ethereum is already faster than Bitcoin’s, Coinbase is looking to strongly support both platforms for the advancement of digital currency as a whole, Ehrsam doesn’t deny the obvious overlap between the two, so he believes that there is room for competition.
http://themerkle.com/coinbase-co-founder-fred-ehrsam-endorses-ethereum/
