Post
Topic
Board Altcoin Discussion
Merits 5 from 2 users
Re: Can ETH surpass BTC?
by
Abiky
on 02/10/2024, 22:49:37 UTC
⭐ Merited by pooya87 (4) ,d5000 (1)
I'm starting to believe that Ethereum could eventually surpass Bitcoin as the top cryptocurrency, especially given its strong ecosystem and the recent reduction in gas fees(Is this a rumour).

After exploring Eigenlayer, a restaking protocol that allows Ethereum stakers to restake their ETH or liquid staking tokens (LSTs), it seems to offer new opportunities for increased profits. With the added advantages of smart contracts and DeFi solutions, I expect a potential rally in Ethereum-based projects this month, making it a good time to strategically position myself.

https://coinmarketcap.com/currencies/eigenlayer/

This has been asked many times before. The answer is NO. Ethereum is and will always be inferior to Bitcoin. It's a "centralized shitcoin" that's often hyped by Vitalik and his team. ETH did well during the early days, until "The DAO" got hacked. Right after the Ethereum blockchain got rolled back, things weren't the same. It's now even worse with the transition to PoS. Big exchanges and whales can influence the future direction of the project (consensus) with their stake. Didn't Satoshi meant to keep "economic holders" away from the system? It's why nothing can beat the good-old Nakamoto Consensus (aka PoW) from Bitcoin.

ETH will always be one step behind BTC. Period. Of course. This doesn't mean it's "game over" for ETH. There's always room for improvement. As long as there's demand for the cryptocurrency, don't expect it to go anywhere soon. ETH won't surpass BTC during our lifetime, but at least it will remain the "King of Altcoins". Not even Solana has been able to "beat" Ethereum. Who knows what the future holds for ETH?