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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

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