Post
Topic
Board Altcoin Discussion
Re: Bitcoin vs Ethereum
by
heavensuperman
on 14/09/2018, 13:15:35 UTC
itcoin - currently used as store of value and pretender for gold 2.0. Bitcoin can be considered as the cryptocurrency king, simply because of its first mover advantage, great network effects and security of its blockchain. The computing power required to secure the network is 1000 times more powerful than the world’s top 500 supercomputers combined. If you calculate the costs of those 500 supercomputers, Bitcoin compounded computing power is much cheaper.
Bitcoin has limitation to processing around 5(theoretically 7) transactions per second, which some consider is hurdle to be accepted as global payment method. Bitcoin can be consider the strongest p2p financial network in the world.