RATE Group | Is Bitcoin New Ethereum Killer?
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Is Bitcoin New Ethereum Killer?

02 Feb Is Bitcoin New Ethereum Killer?

Posted at 09:13h in Ethereum News by

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Is Bitcoin New Ethereum Killer? 101
Source: iStock/Alexander Ließ
Is Bitcoin New Ethereum Killer? 102

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings.
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Looking for the next Bitcoin (BTC, Rated “A-“)?

Some people have long thought it would be Ethereum (ETH, Rated “B+”).

Unlike Bitcoin, Ethereum is more than just a payment system. It’s a platform for running an infinite variety of applications, called “smart contracts” or “distributed applications” (dapps).

In fact, Ethereum aspires to be a worldwide computer capable of doing anything that a single, standalone computer can do, with two key differences: It’s everywhere, distributed all across the internet. And nobody owns it.

That was the Ethereum dream. But then began the Ethereum nightmare — a traffic jam of epic dimensions.

You see, due to Ethereum’s low capacity and slow speed — plus huge demand —…

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