Cryptocurrency News

PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

07/12/2022

Less than a minute

2022.07.12 10:15

PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher

As Ethereum shifts into proof-of-stake (PoS), a decentralized finance (DeFi) researcher has argued that the platform can overtake Bitcoin‘s (BTC) throne as the top dog in crypto.

In a Twitter (NYSE:TWTR) thread, researcher Vivek Raman highlighted that the upcoming Ethereum Merge could create a better economic structure for the smart contract platform. According to Raman, the shift into PoS lowers Ether (ETH) inflation, gives better security and positions the crypto as a digital bond.

07/12/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 104,964.12 1.96%

Ethereum (ETH) $ 3,866.75 3.56%

XRP (XRP) $ 2.55 5.32%

Tether (USDT) $ 1.00 0.08%

BNB (BNB) $ 715.95 1.05%

Solana (SOL) $ 216.89 4.27%

Dogecoin (DOGE) $ 0.385546 5.17%

USDC (USDC) $ 1.00 0.04%

Lido Staked Ether (STETH) $ 3,863.83 3.43%

Cardano (ADA) $ 1.03 6.65%

TRON (TRX) $ 0.27187 8.39%

Avalanche (AVAX) $ 46.54 7.93%

Chainlink (LINK) $ 27.28 4.04%

Wrapped stETH (WSTETH) $ 4,592.71 3.49%

Shiba Inu (SHIB) $ 0.000026 5.90%

the-open-network

Toncoin (TON) $ 5.70 7.24%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 104,618.03 1.96%

Sui (SUI) $ 4.52 6.55%

Stellar (XLM) $ 0.434347 4.81%

Polkadot (DOT) $ 8.21 7.77%

hedera-hashgraph

Hedera (HBAR) $ 0.298979 2.62%

WETH (WETH) $ 3,867.70 3.56%

Bitcoin Cash (BCH) $ 522.61 3.92%

Uniswap (UNI) $ 15.93 2.73%

Hyperliquid (HYPE) $ 27.29 1.91%

Pepe (PEPE) $ 0.000021 9.13%

Litecoin (LTC) $ 117.88 1.38%

LEO Token (LEO) $ 9.55 1.19%

NEAR Protocol (NEAR) $ 6.22 9.98%

Wrapped eETH (WEETH) $ 4,092.53 3.22%

Aptos (APT) $ 12.77 8.24%

Bitget Token (BGB) $ 4.40 12.78%

Ethena USDe (USDE) $ 1.00 0.00%

internet-computer

Internet Computer (ICP) $ 11.91 7.07%

Aave (AAVE) $ 372.67 0.19%

USDS (USDS) $ 1.00 0.00%

crypto-com-chain

Cronos (CRO) $ 0.18501 4.52%

Ethereum Classic (ETC) $ 31.74 6.07%

polygon-ecosystem-token

POL (ex-MATIC) (POL) $ 0.555583 7.24%

VeChain (VET) $ 0.053792 8.51%

Render (RENDER) $ 8.34 7.83%

Artificial Superintelligence Alliance (FET) $ 1.57 7.72%

Monero (XMR) $ 216.31 1.43%

Mantle (MNT) $ 1.18 4.54%

Arbitrum (ARB) $ 0.927143 7.73%

MANTRA (OM) $ 4.07 3.34%

Bittensor (TAO) $ 524.20 3.32%

Filecoin (FIL) $ 6.07 7.97%

WhiteBIT Coin (WBT) $ 25.02 0.70%

Fantom (FTM) $ 1.28 8.51%