Post
Topic
Board Speculation (Altcoins)
Re: Etherum overtake bitcoin marketcap?
by
longyenthanh
on 27/01/2021, 19:54:59 UTC
I dont think will be disappointed because lots of crypto investors like me very much optimised about Ethereum . Once ethereum 2.0 completely launches then there will be huge changes will come . I believe ethereum more than bitcoin because of its usecase more than 90% dApps are cereated on ethereum smart contract .

It is very evident that the majority of new projects in the cryptocurrency market are based on the Ethereum platform. This has a very negative impact on the amount of transaction fees. Ethereum will only have a chance to catch up with Bitcoin if the Ethereum 2.0 implementation is successful and fees are reduced. Only then will ETH have a chance to beat BTC.
Indeed, you are right, because today many projects are very successful and they use erc20, including DeFi, around which there was a great excitement not only in 2020, but will also have great prospects in 2021. And I wouldn't worry about commissions, because they won't be more commissions on the Bitcoin network.

This is what makes the situation change. Initially, Bitcoin was supposed to be a means of payment, but due to its low practicality, it turned into only a value carrier - such as gold or diamonds. Ethereum, on the other hand, turns into a practical cryptocurrency that is used by almost everyone in the crypto-world. If Ethereum 2.0 is successful and the transaction fee decreases, the way to beat BTC will be open for ETH. But if this happens at all, it will definitely need a minimum of 2-3 years.