Ethereum will replace bitcoin

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The recent surge in bitcoin that is a collateral for staked ETH and gives the.

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ETH Pump Incoming?! Dencun Could Change Ethereum Forever!
Billionaire CEO of Citadel Ken Griffin thinks an Ethereum based currency will replace Bitcoin as crypto's poster child. Ken Griffin, CEO of $35 billion hedge fund Citadel, thinks Ethereum will replace Bitcoin, and then ETH will get replaced by something else. Therefore Ethereum will overtake Bitcoin at some stage, but both are stores of value that should form part of a balanced portfolio.

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Bitcoin is secured by over 15, nodes and touts itself as the primary cryptocurrency of financial institutions. Likewise, the Ethereum blockchain is not nearly as widely known as bitcoin, and it remains to be seen if it will become more widely used next to its predecessor. Ethereum supporters disagree and believe the smart contract pioneer is fated to overtake Bitcoin. Bitcoin is primarily designed to be an alternative to traditional currencies and hence a medium of exchange and store of value. As a result, participants with the most ether win rewards while they can still be kicked out at any time.