Alright, last thread on ETH and its "killers", for today. Vitalik once said (and there is a video of it somewhere), ETH killer is ETH. I believe he is correct, ironically.
ETH is overwhelmingly successful. But its success (not other coins) may also be its own killer. 1/5
ETH is overwhelmingly successful. But its success (not other coins) may also be its own killer. 1/5
Perhaps social media is the best example. Friendster, MySpace was hugely popular, couldn't handle the load, couldn't keep up with the user/demand growth. Gone. Many other examples if you are old enough to remember the early days of the internet. 2/5
Ethereum created the smart contract market, which lead to ICOs, DeFi, NFTs, etc. Demand is growing exponentially, performance of ETH aren't. ETH 2.0 is still years away. Rollup aren't user friendly (jury is still out). This is the ETH killer. 3/5
Most new projects (that's pretty much all projects in crypto) face this threat. Even @Binance CEX is facing growth issues too. If we don't scale our systems fast enough, we could also go extinct real quick. 4/5
#BSC is not a ETH killer. It is built with learnings from ETH and tries to help solve one key issue, high fees. It wasn't designed that way, or at least, it wasn't presented to me as such. (I was/am not involved in its design.)
I just shill #BSC and #BNB. 5/5
I just shill #BSC and #BNB. 5/5
• • •
Missing some Tweet in this thread? You can try to
force a refresh
