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by dfgdghdf 1914 days ago
> Ethereum is a far better coin for all practical purposes.

Pretty sure Ethereum scaling as a currency is even worse that bitcoin.

Ethereum has some very interesting features, but performance is not one of them.

4 comments

Ethereum processes more transactions per day than Bitcoin. It offers more features. It consumes less power. It's pretty much superior to Bitcoin in every aspect. It would make more sense to run all Bitcoin transactions on Ethereum.
Yes, it is, thanks to Zero Knowledge proofs (and shards in the future), Ethereum will scale to 200K TPS (with proof of stake running 99.98% more efficiently than PoW:

https://medium.com/starkware/on-the-road-to-starknet-a-permi...

https://medium.com/matter-labs/zksync-2-0-roadmap-update-zke...

> Zero Knowledge proofs

there's lots of that stuff on the internet to be sure

> Yes, it is

> will

There are some zkRollups already live: https://loopring.org/#/ and https://zksync.io/

They are currently capable of 2K - 10K TPS, which is substantial. But with sharding they'll achieve 200K TPS.

The team behind ETH has proven itself to be adaptable. I haven't seen a single issue they haven't at least tried to solve.

I expect them to get better. The Bitcoin Core team is basically not a factor anymore.

Bitcoin is far and above the most scalable cryptocurrency. It just might not be scaling the things you care about.
scalable how? define scalable
Can you tell me anything about Bancor or bnt that a friend was shilling to me. Is this an altcoin? How do altcoins derive value or are they pretty much considered high risk/high reward gambling?
Bancor is an AMM (automated market maker) exchange. It is a decentralized exchange for trading tokens. Bancor as a protocol earns fees on every trade (just like Coinbase or Binance). It's one of the most popular AMMs and pulls in about $130K per day in fees: https://cryptofees.info/