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Author Topic: I think Ethereum is more dynamic than bitcoin  (Read 481 times)
Kaylana (OP)
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September 14, 2021, 02:37:54 PM
 #1

This is just my personal feeling, groundless. If my idea is wrong, please correct it.
I learned about cryptocurrency only last year. I was lucky to know several senior players. I found a preference among my friends. Friends who support bitcoin will despise other coins, and he will scoff at new play items in the market. Friends who support Ethereum are very interested in new projects and will understand or participate in them. Over time, I feel that the friends who support bitcoin are conservatives. He only agrees with bitcoin; The friends who support Ethereum are energetic.
The most important reason for Ethereum's success is that Ethereum's smart contract adopts Turing complete technology, which makes the function of smart contract very powerful, and gives birth to popular application innovations such as ICO, defi, NFT, gamefi, etc.I think bitcoin has not changed and may not need to change. Bitcoin is concerned by the state, and Ethereum is a cryptocurrency that cryptocurrency players must buy.
 I'm just a feeling of myself. I don't mean to offend anyone.
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September 14, 2021, 02:45:10 PM
 #2

More dynamic but about what?

Transaction speed, block time.
Value transacted per second or transaction per second.

Ethereum has faster speed and more dynamic with gas price but transaction fees are not cheap even that blockchain is more dynamic than Bitcoin.

Bitcoin network is more secured than Ethereum network. They are all good blockchains and BTC, ETH are good to invest but if you need to find a better, it is BTC.

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Kaylana (OP)
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September 14, 2021, 02:53:38 PM
 #3

More dynamic but about what?

Transaction speed, block time.
Value transacted per second or transaction per second.

Ethereum has faster speed and more dynamic with gas price but transaction fees are not cheap even that blockchain is more dynamic than Bitcoin.

Bitcoin network is more secured than Ethereum network. They are all good blockchains and BTC, ETH are good to invest but if you need to find a better, it is BTC.

https://twitter.com/Excellion/status/1333966283876954113
https://howmanyconfs.com/

The change of basic technology will bring application innovation. Ethereum's two-tier and three-tier technologies are becoming more and more mature. The opportunity of industry transformation still lies in Ethereum's layered technology. It should be proficient in two-tier and three-tier technologies as familiar with bitcoin technology. Bitcoin is very stable and unchanged. It is the best investment. But I think Ethereum is more fun.
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September 14, 2021, 03:14:27 PM
 #4

The change of basic technology will bring application innovation. Ethereum's two-tier and three-tier technologies are becoming more and more mature. The opportunity of industry transformation still lies in Ethereum's layered technology. It should be proficient in two-tier and three-tier technologies as familiar with bitcoin technology. Bitcoin is very stable and unchanged. It is the best investment. But I think Ethereum is more fun.

The blockchain for bitcoin can be used to deploy smart-contracts through counterparty and build dapps within it. Ethereum made it easier with Solidity which is much easier that create and deploy smart-contracts in an efficient way. From this perspective, Ethereum is much more dynamic than bitcoin but bitcoin is specialized in electronic payments and has nothing to compete with Ethereum.

 
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September 14, 2021, 03:30:22 PM
 #5

Many innovations were born from Ethereum, ranging from smart contracts, Defi and NFT. ETH innovations in the future may continue to develop in accordance with technological trends and developments. Maybe this is what causes ETH to be more dynamic than Bitcoin.

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September 14, 2021, 04:10:50 PM
 #6

I think bitcoin has not changed and may not need to change. Bitcoin is concerned by the state, and Ethereum is a cryptocurrency that cryptocurrency players must buy.
 I'm just a feeling of myself. I don't mean to offend anyone.
I know about that, i will try to sell you if people and so many bitcoin supporters are aware about that. Have you ever heard the second layer solution called RSK and lightning?

These second layers platforms were dedicating to fix the innovation problems that faced by bitcoin. I know that so many people were also saying the same thing like you since bitcoin has limitation caused by it was not programmed or adopting the smartcontract. I should remind you that ethereum was using the bitcoin code to create the smartcontract.

These second layer solution makes you able to issue your token like ethereum. Since bitcoin native chain will not able to adopt the smartcontract and bitcoin community was creating the second layer solution for bitcoin to fix the innovation problem that faced by bitcoin.



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Kusman
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September 14, 2021, 11:04:38 PM
 #7

Of course Ethereum is more dynamic than Bitcoin. Bitcoin doesn't have really big features and it is not cared very much in terms of development. But it is not the same for Ethereum. The developers are always working on new updates. Ethereum 2.0 is really promising. As long as Ethereum keeps being updated, it can even dethrone Bitcoin after some point. Bitcoin is just enjoying its spot for now.

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September 14, 2021, 11:21:00 PM
 #8

Of course Ethereum is more dynamic than Bitcoin. Bitcoin doesn't have really big features and it is not cared very much in terms of development. But it is not the same for Ethereum. The developers are always working on new updates. Ethereum 2.0 is really promising. As long as Ethereum keeps being updated, it can even dethrone Bitcoin after some point. Bitcoin is just enjoying its spot for now.

Not really, Lighting network are the proof that Bitcoin really can adapt and makes very cheap transaction fee while Ethereum developers only still promises about it.
Also, theres so many development on Bitcoin, check on its github https://github.com/bitcoin

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September 14, 2021, 11:22:13 PM
 #9

I think investing in Bitcoin is more like investing in Gold and investing in Ethereum is like investing in stocks. Bitcoin investors is much more conservative than Ethereum ones - that's for sure.

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September 14, 2021, 11:22:33 PM
 #10

You may have that type of opinion and you just have to accept your friends that are all in with bitcoin. There's nothing wrong with any of your opinion towards to the investments that you're owning and you're literally going to have those good words because you own that. But needless to say, bitcoin and ethereum are always the great cryptocurrencies that someone must own.

and Ethereum is a cryptocurrency that cryptocurrency players must buy.
We're all players or investors here and we all have our ways of investing and the likes in the market. But Eth being at the 2nd, I own it and will also encourage people to buy it but I'll still make them know and aware of the fluctuations.

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September 14, 2021, 11:32:34 PM
 #11

Ethereum platform is widely used in different bounty campaigns that’s true. However you can simply invest in ETH and trade it in crypto market and never take part in all those new projects that can scam any moment and leave you without your investments. You can even trade BTC and have all your investments in BTC and in any moment convert BTC/ETH, create ERC-20 wallet and join some project. Everything depends on your inner desires: just to trade (that is risky by itself) or to take part in some projects and to risk more.
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September 15, 2021, 03:15:30 AM
 #12

This is just my personal feeling, groundless. If my idea is wrong, please correct it.
I learned about cryptocurrency only last year. I was lucky to know several senior players. I found a preference among my friends. Friends who support bitcoin will despise other coins, and he will scoff at new play items in the market. Friends who support Ethereum are very interested in new projects and will understand or participate in them. Over time, I feel that the friends who support bitcoin are conservatives. He only agrees with bitcoin; The friends who support Ethereum are energetic.
The most important reason for Ethereum's success is that Ethereum's smart contract adopts Turing complete technology, which makes the function of smart contract very powerful, and gives birth to popular application innovations such as ICO, defi, NFT, gamefi, etc.I think bitcoin has not changed and may not need to change. Bitcoin is concerned by the state, and Ethereum is a cryptocurrency that cryptocurrency players must buy.
 I'm just a feeling of myself. I don't mean to offend anyone.

You have noticed correctly, that Ethereum is developing all the time (new projects and updates), as opposed to stuck Bitcoin. People who prefer Bitcoin make their choice in favour of safety, as Bitcoin is one of the safest investments in the crypto world. Those who invest in new defies, new projects and altcoins are ready for risks and they are more likely to have a big profit.

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September 15, 2021, 03:22:01 AM
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You have noticed correctly, that Ethereum is developing all the time (new projects and updates), as opposed to stuck Bitcoin. People who prefer Bitcoin make their choice in favour of safety, as Bitcoin is one of the safest investments in the crypto world. Those who invest in new defies, new projects and altcoins are ready for risks and they are more likely to have a big profit.
I think ethereum is no less risky than bitcoin. all assets in the crypto market for me have the same risk. it is only because bitcoin dominates trading in the market that more and more people think bitcoin is safer than any other asset.
when we can not manage well, all will end badly. Ethereum is no exception.
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September 15, 2021, 09:02:14 AM
 #14

Ethereum and Bitcoin are on par after several years of development.
Bitcoin and Ethereum have different purposes. Although Bitcoin was originally used as a substitute for conventional currency when it was first created, it is also a medium of payment transactions and a means of storing value. But Ethereum was developed as a platform so that it can facilitate P2P transactions and applications through its own currency tools.
Investing in Bitcoin is because of stability, and people who lack risk will give priority to investing in Bitcoin. The development of Ethereum is indeed comparable to Bitcoin. If your economy permits, you can buy both at the same time.
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September 15, 2021, 09:15:49 AM
 #15

Based on experience in cryotocurrencies, regarding network security, Bitcoin is still ahead of Ethereum. Likewise in terms of transactions, Bitcoin is much faster in my opinion. The case you make as an example is just a story, but here we want the facts. In my opinion, there is only one complaint about Bitcoin, namely the high price, so collecting it is not an easy thing.
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September 16, 2021, 10:35:06 AM
 #16

Based on experience in cryotocurrencies, regarding network security, Bitcoin is still ahead of Ethereum. Likewise in terms of transactions, Bitcoin is much faster in my opinion. The case you make as an example is just a story, but here we want the facts. In my opinion, there is only one complaint about Bitcoin, namely the high price, so collecting it is not an easy thing.

Ethernet chain has been congested in the past year, and gas has increased sharply. Before that, it was a little faster than bitcoin network. There is no doubt that bitcoin has the highest security.
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September 16, 2021, 10:46:08 AM
 #17

Ethereum platform is widely used in different bounty campaigns that’s true. However you can simply invest in ETH and trade it in crypto market and never take part in all those new projects that can scam any moment and leave you without your investments. You can even trade BTC and have all your investments in BTC and in any moment convert BTC/ETH, create ERC-20 wallet and join some project. Everything depends on your inner desires: just to trade (that is risky by itself) or to take part in some projects and to risk more.

Yes, you reminded me. A friend authorized a project party on the wallet, and then the assets of the wallet were transferred away. I can do nothing but cry. I want to remind my friends that they must be careful.
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September 16, 2021, 02:30:39 PM
 #18

indeed everywhere there must be likes and dislikes but in my opinion ethereum is similar to Bitcoin, Ethereum is a distributed public blockchain network. While there are many technical differences between Bitcoin and Ethereum, the most important difference is their purpose and function.
Bitcoin offers a peer-to-peer electronic money system for Bitcoin payments or transfers. While Ethereum focuses its blockchain on running decentralized programs, including Ether payments or transfers, Ethereum uses a concept called smart contracts.
so use coins depending on your goal.

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September 16, 2021, 02:59:47 PM
 #19

Friends who support bitcoin will despise other coins, and he will scoff at new play items in the market. Friends who support Ethereum are very interested in new projects and will understand or participate in them. Over time, I feel that the friends who support bitcoin are conservatives.

I think this needs to be clarified, it doesn't apply to us. There is no such thing as hating one coin to another, we consider it all to survive for the sake of mutual support between cryptocurrencies. It's just that each network does have a different version so delivery is the most important thing because until now Ethereum has not been friends with us regarding GAS.
I'm not denying how we really should own Ethereum, but that doesn't mean we're denying a potentially great coin in the future. Only quality issues are considered by every trader or investor as transaction fees.

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September 16, 2021, 05:07:34 PM
 #20

That's just the larger Ethereum use case and family of toolkits for developers to easily create DAPPs with Solidity. Bitcoin still has the ability to deploy smart contracts with the RSK network, but it is difficult to do many things on it.
People pour money into DAPPs and use Ethereum more and you think Ethereum is more dynamic than Bitcoin.
If you go to El Salvador, look at how they use Bitcoin with the Lightning network. They transact instantly with zero cost.
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