Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on June 26, 2021, 11:14:53 PM
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While some of the most active members of Bitcoin (BTC) and Ethereum (ETH) communities never stop fighting over technology and money, among other things (including memes), these both blockchain-powered networks still can coexist, according to the Bitcoin 2021 conference participants speaking to Cryptonews.com. And decentralized finance (DeFi) might play a role here.
The conference, held earlier this month in Miami, USA, proved to be a major event, with thousands of people attending, as well as a number of well-known speakers from both within and outside the Cryptosphere.
Among the questions discussed between a few of the industry insiders and Cryptonews.com was that of the Bitcoin-Ethereum turbulent dynamics.
But the two are not necessarily as intertwined as some may think – rather, they exist parallel to each other.
"Comparing ETH and BTC directly is like comparing apples to oranges," according to Zeeshan Feroz, Chief Growth Officer at crypto payments company MoonPay.
In the opinion of Matthew Gundrum, the marketing director for cryptocurrency payroll service Bitwage, “people don't realize that ETH and BTC are trying to do two separate things and, therefore, can coexist.Source (https://cryptonews.net/879957/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)
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Bitcoin or Ethereum have till now been associated with the sense of smell, but instead these cryptographically unique tokens have been tied to things like artwork and Bitcoin. That's not surprising; after Ethereum all, it's easier to realize visual art and music as digital files of Bitcoin or Ethereum. "I was thinking, how can this connect a palpable art—my art being perfumery Criptocurrency.
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Whether you like it or not, borrowing assets is a key market in DeFi. You might, for instance, be bullish on Ethereum and don't want to sell that Ethereum. At the same time, you may also want to invest in another project or simply wish to pay your bills with crypto dollars or euros.
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Dogecoin is a fork from Luckycoin, a now-defunct cryptocurrency that itself was forked off from Litecoin. And Litecoin, currently the 14th-largest cryptocurrency, came into existence as a fork of Bitcoin. As such, Dogecoin developers work to maintain a close proximity to the Bitcoin blockchain.