Earlier, I have had a much more positive view about Altcoins but when reviewing opinions of computer scientists, coders and developers, it looks like Ethereum can’t compete against Bitcoin at all.


In an earlier topic I’ve already listed important characteristics why Bitcoin is an advanced and safe coin:


1. Bitcoin is well reviewed

When Bitcoin was invented, it was set up to be a big security. Hacks should be impossible and get prevented by good code. Bitcoin attracted and still has a very large community of really educated developers.
Bitcoin has a very reliable coder community, where flaws will be detected early before implementation and no risks are being taken. Many much smaller coins have a very flawed code review process.
A large and educated coder community reviewing code during testing times is an important advantage for Bitcoin.

And luckily, it saves us from possible hacks, when hackers are prevented from detecting flaws faster because all flaws are removed before implementation.
We have seen so many hacks, where a flawed code was exploited and people lost money, like for Altcoin cross chain bridges recently or when Terra Luna failed.
Still, people are buying coins from unreliable coders like Tron from Justin Sun or even weaker DeFi coins like Acala Stablecoin from Polkadot’s supplier Web 3.
Unfortunately, some people will only learn after a loss.

Some coins are very centralized and have a single point of failure like Solana, when it was down several times or devs have much power like in Binance Coin or Tron.
And DeFi coins can easily print some more coins / tokens into existence.
Bitcoin is having a big advantage here.



2. Bitcoin has PoW

It is big controversy for a long time, if a coin makes PoW or PoS, like it was for Ethereum [ETH]. Not for Bitcoin because Bitcoin developers have decided PoW is best because of security. From what Experts have said so far, PoW is very hard or almost impossible to compromise instead of PoS, where more attack vectors can be found. Like Corona, we should trust mayority of experts who have education and experience in an issue. Satoshi implemented PoW not PoS because Satoshi knew. He was very experienced and called it right.
PoS can be abused by rich stakers and makes a project centralized in many ways like premined coins and devs can create much influence by staking a large amount of PoS coins. PoW is not having such issues.




3. Security is Bitcoin’s priority

As for a safe cryptocurrency, security standards are very important. First point, we need security standards and Satoshi implemented it right himself, when he developed Bitcoin. Early Bitcoin developers added more security standards. Second point is after some time, to NOT remove such security standards. First point and especially second point are relevant to many Altcoins, which is a big issue for Altcoins.
Many Altcoins don’t offer anymore to create private and public keys to prove ownership of funds and access it. It is very concerning and seems mind blowing to many experienced coders.
For example, when creating a Solana wallet or similar new Altcoins. Altcoin developers are not focussing on security.
Or even MEW is bitching around more and more every time going away by implementing insecure patches. We need to have our private key offline.
Many Altcoins are leaving people vulnerable which is very concerning.
Bitcoin is better like Electrum for example. Its design is not so nice but Electrum is good tech and recommended by many experts.

Bitcoin is still having very high security standards today because of Bitcoin does not want to build a hype coin, Bitcoin wants to build a safe coin.
It is our duty to select a safe coin instead of an unsafe hype coin.

---

---

---

But now, a direct comparison to Ethereum should be drawn because it’s also always an opportunity when someone has bought Ethereum (or a different Altcoin) and he wants to have arguments for or against each coin in direct comparison.
In such cases, it is all about an accurate research and argument and also for education for us to really know a fact about fundamental differences between Bitcoin and Ethereum to get a direct comparison.
Maybe experienced members can elaborate a list of valid arguments, especially for such points, when comparing Bitcoin’s and Ethereum’s fundamentals:
- developers of Ethereum have too much power
- nodes and miners in Bitcoin vs. nodes and miners in Ethereum
- Ethereum code changes can be done much easier compared to Bitcoin
- Ethereum history vs. Bitcoin history (which coin is more stablished)
 + more points of importance


When someone is asking me or I need to explain and compare fundamental differences between Bitcoin and Ethereum, I would be happy to give a good explanation, why Ethereum can’t compete against Bitcoin.
I’ll be happy to see your answers, read and review it.  

It is a big question for our coins: Will we see again a bull market soon or will we see a long bear market again?

Right now, a bull market again is still possible because Bitcoin has still a high price.

And an expert confirms a continued bull market: Emin Gün Sirer, CEO of Avalanche, says "Yes" in an interview of an publication at Coin Telegraph, a very important Telegraph for coin articles (like Medium but Coin Telegraph is a corporation for publications). Emin Gün Sirer will expect a bull market again soon, starting already in October.

If he is right, it would be huge!
Emin Gün Sirer has made predictions previously about coins and he was right last time, maybe he is now right again. His experience from Avalanche and Defi is very professional so maybe he is right.

What do you expect for market trends? Will it be a bull market again or a bear market?

When you exchange your valuable Bitcoin or Ethereum for a different alt coin, you really need to research which devs are behind it.
It is very important because devs are making a project successful, or if it’s a bad dev, can make it fail.

A good dev should have huge knowledge in crypto, coding and computer science because he needs to achieve a secure and fast blockchain. If he does not make a good code, such platform can be hacked and coins will be lost and lose value because of price dump.


Dev examples of good coins:


Bitcoin [BTC]

Bitcoin is built by Satoshi Nakamoto who made a really big invention: PoW
He created Bitcoin and it worked very well. Many people were impressed by his coding skills. Today, really good devs are still developing Bitcoin like Peter Wuille and George Antonopoulos. Bitcoin has very good devs and it was proven, when Bitcoin’s Seg Wit was developed because it was a great invention.
Bitcoin is a very clear example for good devs.


Ethereum [ETH]

Ethereum is also very famous for good code and huge achievements. Behind Ethereum are great devs like Vitalik Buterin and Joseph Lubin. Vitalik Buterin is very wise, a great computer scientist and coder who has shown his skills in Ethereum and is developing Ethereum 2.0, a huge coding network.
Ethereum has really a great team of devs.


Avalanche [AVAX]

Avalanche was invented by Emin Gün Sirer. He is a really famous computer scientist and has a huge reputation as a professor at Cornell University in America. He has written so many academic research and gained a lot of knowledge which lead to his invention of Avalanche. At Avalanche, also Kevin Sekniqi is a dev, who is also a computer scientist from Cornell University in America.
Avalanche devs are really scientific and have achieved so much technical code.


Yearn Finance [YFI]

Yearn Finance has a really great dev, Andre Cronje.
Andre Cronje invented Yearn Finance before Defi got famous. He is for Defi what Satoshi Nakamoto is for crypto when Satoshi invented Bitcoin.



Andre Cronje has written such a good code to enable a decentralized finance.

Yearn Finance is currently very undervalued because many shit Defi projects are doing a better marketing.






Dev examples for bad coins


Binance coin [BNB]

Binance is a very weak platform and very unproven. And has it real devs? Because Binance CEO does not seem to be a coder. He’s only active at marketing.
Binance seems to be really a bad coin.


Tron coin [TRON]

Tron coin was launched by Justin Sun to defeat Ethereum but people don’t like Tron. It can be seen easily about Justin Sun’s coding skills: he can’t it!
For Tron’s devs it can be seen clearly: Tron has no scientific standards which are needed for defeat Ethereum.
Like Binance, Justin Sun from Tron is only good for marketing and for coding, Tron is like Binance not a robust network.
Maybe it’s simple copy paste.



Now you know: Dev is very important for coding every coin and research about it will make us find good coins for a profit!

Tornado Cash, a privacy Defi application for Ethereum, will also be available for Avalanche [AVAX]. For Blockchains like Ethereum and Avalanche, all transactions are public and applications like Tornado Cash help to avoid track your ETH.
Tornado Cash at Avalanche will be called Sherpa Cash and work like Tornado Cash. But usually for Avalanche, fees will be much lower, because right now, people pay up to 50$ for a Tornado Cash transaction, Avalanche is much cheaper.
Sherpa Cash will be live at Avalanche in a few weeks: https://sherpa-cash.gitbook.io/sherpa-cash/

Ku Coin is an exchange coin like Binance and has a very low price. If Ku Coin gets more famous like Binance, a very huge price is possible.

Data from Coin Gecko:

Ku Coin:   79.284.989 / 169.284.989 Coins /   12$ price /      959.555.760$ Market Cap
Binance: 154.533.651 / 170.533.651 Coins / 472$ price / 73.141.747.595$ Market Cap

KuCoin has only 1/70 Market Cap of Binance.
Because not many people know about Ku Coin it has a very high capacity for growing.

What is your opinion for Ku Coin?

After many Defi projects have already tested Avalanche, now a big DEX is moving to Avalanche, it will be Sushi Swap: https://medium.com/avalancheavax/sushiswap-launches-on-avalanche-bringing-another-leading-dex-to-avalanches-growing-defi-ecosystem-8b84e966251f

Sushi Swap is after Uni Swap a really big DEX for coin swaps where we can use Meta Mask and exchange coins.

I'm not surprised of moves to more innovative platforms because at Uni Swap, a single swap has already very high costs because it's based on Ethereum. Now Sushi Swap will be based on Avalanche where a Swap will have less costs.

But Launch is not confirmed, Sushi Swap will announce a date when it is ready to move to Avalanche.

When we look at Coin Market Cap, we can see a new coin and it seems to be very famous: it is Avalanche [AVAX]:  https://coinmarketcap.com/currencies/avalanche/

Now, I have done research about Avalanche if it's a good coin and have read an article on Hacker Noon (it's a platform for Hackers and Computer Experts, so people on it are very experienced for code and programming). About Avalanche, it was written:

Led by Professor Emin Gün Sirer of Cornell University, one of the cryptosphere’s most esteemed critical thinkers, and the co-founders of AVA Labs, Kevin Sekniqi, CS Ph.D. at Cornell and Ted Yin, CS Ph.D. at Cornell, the “AVA Labs” team recently revealed the concept behind "Alpine Snowstorm".
This took the form of a private testnet for a next-generation blockchain platform based on a novel metastable consensus protocol family called Snow-Avalanche.

However, does this represent the next chapter in the story of blockchain technology?

Very likely, but let’s try to understand why.

Despite several projects having emerged over the last two to three years, there has not yet been any major disruptor in the blockchain space. Although we constantly see projects adding features and building castles in mud fields, this progress is hamstrung by serious tech bottlenecks that are rarely addressed successfully.

https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984

Expert says Avalanche is a completely new chapter of crypto currency after Bitcoin! He says: Bitcoin was first step and Avalanche is now second step.

Why?

Because Avalanche has solved Blockchain scaling problem by a new approach. It is a very technical term but you can read all in Hacker Noon, where it's described by an expert: https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984


He makes a final conclusion:

Last words

Revolutionary is the one word I have for the work of Team Rocket and AVA Labs. The combination of protocol capabilities and the knowledge acquired through the past years of experience and research gives the right tools in the hands of the team to craft the ultimate blockchain platform of platforms.

https://hackernoon.com/avalanche-ava-blockchain-3-0-a-novel-metastable-consensus-protocol-28cdc4ee8984

Avalanche can be really a big coin! What is your opinion after reading Hacker Noon article?