Mark Cuban Reveals 3 Reasons Why Ehter Will Overcome Bticoin! - Kakiforex.com - Financial Market Media No. 1 in the World Mark Cuban Reveals 3 Reasons Why Ehter Will Overcome Bticoin! Mark Cuban Reveals 3 Reasons Why Ehter Will Overcome Bticoin!
InstaForex

May 6, 2021

Mark Cuban Reveals 3 Reasons Why Ehter Will Overcome Bticoin!

Ethereum or also called as Ether (ETH) during the week has shown an impressive performance by reaching its highest level on Wednesday.


While still in second place behind bitcoin in market value, market players are confident of Ethereum and the capabilities it can provide in the future.


According to millionaire investor Mark Cuban, if evaluated based on the diversity of transaction types and the number of transactions that can be carried out, Ethereum has an advantage over bitcoin. "The use of Ethereum is much greater."


First, the Ethereum blockchain consistently processes more transactions per second than bitcoin, making payments faster and more productive.



Second, it can support application creation. Ethereum is known for its smart contracts, which provide advantages and build decentralized applications, such as DeFi (or decentralized financing) applications, and NFT (non -functional tokens)


Currently bitcoin is more perceived as a store of value. But on the other hand Ethereum is growing and attracting more people to develop projects using the Ethereum blockchain. Next Mark Cuban.


Third, Ethereum 2.0 will bring big changes because it is faster and costs less.


While Cuban is confident in the capabilities of Ethereum and Bitcoin he stressed that new projects always have the potential to disrupt the status quo.