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Author Topic: Why Ethereum is said to be One Step ahead of Bitcoin  (Read 299 times)
Shallow
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January 02, 2021, 06:30:22 AM
 #21

Let's start with the recent Bitcoin rally, where Bitcoin has successfully passed its ATH and approaching a new one, but that cannot be said of Ethereum which proves that, Bitcoin controls the entire market. Also, people are asking when altcoin season will take place, but will that take place with Bitcoin dominance still high? The answer is No. Last year alone, Bitcoin witnessed a lot of attention from many platforms and institutional investors which of course contributed to its growth, meaning that Bitcoin is the king of this crypto space and holds a very delicate stand in the future. However, I won't fail to acknowledge the potential that lies within Ethereum, its smart contracts which is the best, its upcoming upgrade which is believed to play a very huge role in its growth, which means its usability is in another angle, but let's not forget to understand that Bitcoin has come a long way and has become more valuable with each passing day thus Ethereum will have no chance beating it in the future.

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HerbertMarcel
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January 07, 2021, 06:11:33 PM
 #22

A forex trader always claims that the bitcoin is a genuine coin in the coinmarkercap. I'm talking matter the in the behind of issue which is ETH have a good potentiality in the Blockchain market at all but it can not be collapsed with BTC. If BTC is counted as the lowest down in CMC, though ETH could not be a higher exchanger than BTC. If we look over in 2017 then we can realize that as well. So, my prediction is on the matter ETH will must hit a large figure at recent moment I hope, but cannot overtake BTC value.

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January 12, 2021, 01:19:20 AM
 #23

Didn't click on the link however, I don't think that Ethereum can surpassed bitcoin.

(1) Bitcoin is the prime mover of crypto, and as such it will continue to enjoy the support of crypto community, no matter what.

(2) There's no need to compare though, Ethereum has different used, it was build as a Dapp while Bitcoin as payment system, although is has evolved as store of value now. And Ethereum is so much faster, prior the the fees increasing in the last 6-8 months because of ETH 2.0. So now they have a problem with scalability same as bitcoin.

It's very good point. Ethereum's popularity is for smart contract and ERC20 support while Bitcoin works as a payment system. Although technically Ethereum is ahead of Bitcoin because Bitcoin uses blockchain 1.0 while ehtereum uses blockchain 2.0 and they have already launched own Ethereum 2.0 (Ethereum 2.0 ongoing and may take even one year from now to complete the whole process) which is more faster, more salable and more sustainable development support than Bitcoin but this doesn't mean Ethereum is better than Bitcoin.
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January 12, 2021, 01:30:46 AM
 #24

Well most coins are traded against BTC so unless that changes ETH has basically no chance of flipping BTC. Let's just accept that BTC has first mover advantage and that each coin has its niche
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January 12, 2021, 02:00:13 AM
 #25

People have been talking about how ethereum can surpass Bitcoin in the future and I've never been convinced until I read this:- https://arrano.network/insights/know-why-ethereum-is-one-step-ahead-of-bitcoin-and-can-be-the-leader-one-day.
Even despite that I'm convinced it can happen, I still believe not in the nearest future even if Bitcoin stops its development now. Not even in the next 100 years.
No Biggy , the real reason is that Ethereum is ranked number 2 in which clearly 1 step BEHIND and not Ahead.

And talking about the capacity of ETH to took over the desirable ranking as 1st ? Yes it will happen , When The total Bitcoin is already Mined , and People have leaved Bitcoin to support .

But until those time not come , expect nothing for ETH but will remain at that Position or may Dethroned sooner.

For how many Years that ETH is on that Position while Bitcoin has proven multiple Huge support .
Well most coins are traded against BTC so unless that changes ETH has basically no chance of flipping BTC. Let's just accept that BTC has first mover advantage and that each coin has its niche
+5 and this is what the ETH future .

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January 12, 2021, 02:20:59 AM
 #26

One step ahead in terms of what??
Market cap? Technology? Transaction speed? Fees? Specify what are you saying.

One thing more is that Bitcoin is the first crypto and I don't think that there is a chance for ETH to surpass BTC. In terms of technology maybe since ETH is starting to upgrade and fees as well as the speed but in Market Cap and trust, Bitcoin is still on top and will always be on top Smiley

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January 12, 2021, 03:10:40 AM
 #27

ETH has much more features and higher TPS (especially after 2.0), so, this statement sounds logical
Nahh.. that makes sense but people are only seeing it from the Mcap or bitcoin as the first crypto that can't be surpassed by anything.
It sounds logic and totally make sense for me. in term of technology bitcoin is truly decentralized but in term of transaction speed, usability or fungibility and ethereum is much better.
Ethereum is better on its way and bitcoin too.

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January 12, 2021, 03:42:53 AM
 #28

ETH has much more features and higher TPS (especially after 2.0), so, this statement sounds logical

Those things are not enough to surpass Bitcoin and the highest peak the ETH could go to is at the top 2 in the market chart, that's the highest rank the ETH could get even though he has these kinds of features. Bitcoin has lots of support from the other big companies and from the people who always choose it to make it available for their payments. Not just that, as you can see, some companies have converted their saving funds to BTC which makes it more popular and trustworthy to the people.
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