+1.37% Bitcoin (BTC) 94455.2 EUR
+1.30% Ethereum (ETH) 3345.93 EUR
+1.06% Litecoin (LTC) 80.81 EUR
+3.08% B-Cash (BCH) 421.37 EUR
-0.02% Ethereum (ETH) 0.0357742 BTC
0.00% Litecoin (LTC) 0.00086456 BTC
+1.02% B-Cash (BCH) 0.00445915 BTC
+1.25% Bitcoin (BTC) 110523.6536 USDC
0.00% USD Coin (USDC) 0.86 EUR
-0.72% Chainlink (LINK) 15.13 EUR
-2.24% Chainlink (LINK) 0.00016045 BTC
+1.55% Dogecoin (DOGE) 0.16 EUR
+1.12% Dogecoin (DOGE) 0.00000179 BTC
+1.63% Uniswap (UNI) 5.39 EUR
-0.71% Uniswap (UNI) 0.00005716 BTC
+1.69% Cardano (ADA) 0.55 EUR
-0.16% Cardano (ADA) 0.00000589 BTC
+1.23% Tron (TRX) 0.28 EUR
-0.33% Tron (TRX) 0.00000297 BTC
+1.75% Shiba Inu (SHIB) 0.00000872 EUR
-12.43% Zcash (ZEC) 205.33 EUR
0.00% Zcash (ZEC) 0.0004242 BTC
0.00% TradeFlow (TFLOW) 0.12216892 BUSD
+2.46% Arbitrum (ARB) 0.3105 USDC
-0.09% Chainlink (LINK) 17.38 USD
+0.62% Chainlink (LINK) 17.38845 USDC
+1.40% Uniswap (UNI) 6.188 USDC
+1.58% Ondo (ONDO) 0.62 EUR
+1.17% Ondo (ONDO) 0.72042 USDC
+1.19% Gala (GALA) 0 EUR
+0.56% Gala (GALA) 0.01076 USDC
+1.63% Wormhole Token (W) 0.06 EUR
+1.41% Wormhole Token (W) 0.072 USDC
+0.87% Chiliz (CHZ) 0.02 EUR
+0.78% Chiliz (CHZ) 0.03206 USDC
+2.50% Sand (SAND) 0.18 EUR
+2.35% Sand (SAND) 0.2082 USDC
+2.92% Aave (AAVE) 191 EUR
+2.72% Aave (AAVE) 221.16 USDC
+0.71% Curve DAO (CRV) 0.44 EUR
+0.65% Curve DAO (CRV) 0.5205 USDC
-0.52% Immutable X (IMX) 0.43 EUR
-0.99% Immutable X (IMX) 0.5087 USDC
0.00% Skale (SKL) 0.07 USDC
+0.69% Beam (BEAM) 0 EUR
+0.20% Beam (BEAM) 0.00501 USDC
0.00% Axelar (AXL) 1.05 USDC
+1.44% Livepeer Token (LPT) 4.22 EUR
+1.70% Livepeer Token (LPT) 4.896 USDC
+2.07% Compound (COMP) 31.93 EUR
+2.23% Compound (COMP) 36.97 USDC
-0.68% Coti (COTI) 0.02 EUR
-0.59% Coti (COTI) 0.0333 USDC
0.00% Portal (PORTAL) 1.1 USDC
+0.21% Sushi (SUSHI) 0.45 EUR
+0.22% Sushi (SUSHI) 0.5282 USDC
+1.19% Pepe (PEPE) 0 EUR
+1.17% Pepe (PEPE) 0.00000686 USDC
+0.24% Optimism (OP) 0.37 EUR
0.00% Polygon (MATIC) 0.2 EUR
+2.64% Solana (SOL) 162.95 EUR
+1.16% Solana (SOL) 0.0017247 BTC
+1.45% Solana (SOL) 0.048699 ETH
-0.19% USD Coin (USDC) 0.75 GBP
0.00% USD Coin (USDC) 1 USDT
0.00% USD Coin (USDC) 145.58 JPY
0.00% USD Coin (USDC) 4.25 PLN
0.00% USD Coin (USDC) 10.93 SEK

The Merge is Ethereum’s chance to take over Bitcoin, researcher says

07-25-2022

Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency.

"Ethereum does have, just from an economic perspective and because of the effect of the supply shock, a chance to flip Bitcoin," said Raman in an exclusive interview with Cointelegraph.

The Merge, a long-awaited upgrade that will complete Ethereum's transition from a proof-of-work to a proof-of-stake system, is set to take place in September. In addition, The Merge will transform Ethereum's monetary policy, making the network more environmentally sustainable and reducing ETH's total supply by 90%.

 

"After The Merge, Ethereum will have lower inflation than Bitcoin. Especially with fee burns, Ethereum will be deflationary while Bitcoin will always be inflationary. Although, with every halving, the inflation rate goes down," pointed out Raman.

 

While Bitcoin will retain its function as digital gold, according to Raman, Ethereum will still have “a larger adoption space” as the base layer of the decentralized finance (DeFi)economy.

The Merge won’t reduce Ethereum’s high transaction fees, which is still the main issue preventing Ethereum from scaling. That is not an issue, according to Raman, as Ethereum will rely on layer2 scaling solutions to support most users' activity.

 

“Users need to learn that all of their activities should be on layer 2 and then layer 2s ultimately will use Ethereum as a base layer 1 for settlement and security and decentralization.”

 

Source: Cointelegraph