WHAT does eth do that ETC can't do?
stake vs mining.
ETC is vulnerable to 51% attack due to low hashrate
That's the only flaw I can see. But on utility they are both same just different consensus.
then why is it better than solana and bnb
solana is unreliable with their power outage not to mention centralize also
But it's cheaper and faster than Ethereum
While bnb is like the playground of binance.
The thing is Ethereum is enjoying the advantage of more community
People are starting to see the strength of performance solana and binance have over Ethereum.
It's funny how Ethereum would still argue in been decentralized with an head like V.
They are minting unlimited ETH moving them to private anonymous wallets, and dumping them on the market. People still believe that the ETH foundation is not selling ETH anymore. You never know the truth.
The worse thing about Ethereum is V.
A crook at least Trump doesn't hide the fact that he cares about the money.
Rather than been appreciating like POW coins , Ethereum is a depreciating asset because of it's unlimited supply like Fiat
So rather than rising, it could fall slowly and V would maybe create a fork and continue the scam
Say Ethereum 3.0
Yep and the exact amount of coins growth is not traceable.
Ie unlike doge
Doge mines x coins per year so
Year 1 = x
Year 2 = 2x
.
.
.
Year 5 = 5x
.
.
.
.
Year 10 = 10x total cap of coins
Year 11 = 11x total cap of coins
The percent of growth is always smaller
Year 100 = 100x
Year 101= 101x only 1 percent growth or inflation rate.mway better than cash.
Eths issue is staking pays 3-10% depending where you stake
The second issue is no one knows if 99% of all eth is staked or if only 50% of all eth is staked.
So no one knows the yearly growth rate of the coin.
Pretend 99% of all eth is staked at 10% rate with 10 years and compounding at 10%
Eth would grow huge. About 2.56 the coin every 10 years
And if 50% of eth was staked at 3% for 10 years the growth would be about 12.5%
So the eth growth via staking varies from
1 coin to 1.125 on low end
1 coin to 2.56 on high end
Right now the network has 120 million coins
But depending on what stake rate you get and how many people decide to stake the network
Could do
The following in the next 10 years
120x1.125= 135 million coins on low end
120x2.56 = 307 million coins on high end
Not a good way to invest as the uncertainty factor i show over next 10 years is not acceptable.
The cap will grow at an unknowable rate =?really fucking bad.