Ethereum (ETH) has dropped again today. Is there selling pressure from cashing in of ICOs? Or are people moving to Bitcoin since there's more certainty involving Segwit?
Ethereum down
7 years ago by jilagan (39)
$0.02
- Past Payouts $0.02
- - Author $0.02
- - Curators $0.00
Probably has something to do with people finally figuring out it doesn't have much better capacity than Bitcoin: https://steemit.com/bitshares/@ash/so-ethereum-is-non-functional-due-to-90k-tx-h
BitShares and Steem both support dramatically higher transaction rates, and have systems in place to improve their technology and scale elegantly without the conflict that occurs in Bitcoin and Ethereum any time people try to make changes.
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Thanks for that link. Interesting read. Good point on capacity, since the Ethereum proponents have been positioning it as a platform that can handle transactions better than Bitcoin.
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No idea. :(
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