Ethereum processes more than 2.5x the amount of daily transactions of Bitcoin
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It processes 80% of all blockchain transactions actually. It's undervalued.
>Ethereum processes more than 2.5x the amount of daily transactions of Bitcoin
90% of those are shitty cryptokitties and ponzi scheme.
or does this merely imply tx volume is a worthless metric?
Delet
It still amazes me people brag about it.
And it can do that at 0.1$ or 1000$ per ETH.
Price doesn't care about the tech.
add this to your collection boyos
rippening.watch
>a time it had been implied over 50% of bit coins transactions were for gambling purposes
yea but you're talking about 2010-2011 when every kind of adoption was important for btc.
nowadays btc is used to transfer wealth. eth only application are collectibles and ponzi schemes and every successful one manages to clog the network making it way more expensive to move eth than btc
>nowadays btc is used to transfer wealth
source on this?
well basically it's the main purpose of btc
so basically retarded mouthbreathing then. how many people do you think there are each day saying hey fren, i'm going to send you some wealth in imaginary internet money, vs fucking retards trying to get rich. i don't really give a shit if they're attempting to make it via imaginary meme lines or kitty ponzis, end of the day it's the same, albeit that eth actually facilitates this delusion on chain.
transaction volume is largely meaningless
eos probably have more transactions than all of them combined, and i say that as an eth maximalist
the real metric that matters is user involvement, but you can't derive that from observation of the hard data alone (the sybil problem, essentially)
the main difference is btc claims to do one thing and it does it pretty well (it can be improved tho). eth wants to be muh decentralized supercomputer and it fail at every attempt (for now).
what you are describing is speculation and you could have made the same arguments pretty much for every single asset in the world
eos just hit 3996 tps, nothing to see here
Fucking money skeleton and his marxist devs
This is all what prevents the flippening
They want eth to be worth $7 and used for kitties and rainbow unicorns
>money skeleton
kek
SUMMER OF PAIN
>flippening.watch
How new are you OP?
look i know what you mean and don't entirely disagree, BTC already and for the most part has always does all it was ever supposed to do, but I don't agree that ETH being used for essentially the same purposes counts for much less merely because it was built with a wider scope. ETH has failed at muh decentralized supercomputer, BTC has failed at muh global currency, both have succeeded in retarded gambling.
imo neither one has failed.
both have a long way to go.
btc mostly needs adoption and acceptance (constantly rising).
eth needs dapp adoption and a lot of tech improvement.
And yet Bitcoin is 2.5x more secure because it has 2.5x more hashing power.
Really makes you think...
The EOS meme will die once Zilliqa/ETH sharding/other decentralized platform will achive the same TPS as EOS or slighly less/more while running 5000+ nodes in the network. Centralized coins (mostly Dpos) will simply lose their only attractive feature.
right, this
It's digital gold.
I'm buying more
*Tumbleweeds*