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Global cryptocurrency adoption will be driven by Ethereum, not Bitcoin: Ver Roger

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Global cryptocurrency adoption will be driven by Ethereum, not Bitcoin: Ver Roger

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Ver said the determination of Bitcoin engineers prompted the “scaling nationwide conflict” and the possible production of Ethereum.

Roger Ver, a supporter of Bitcoin Cash and an early Bitcoin investor, has praised Ethereum and stated that it will be the chain that drives global adoption of cryptocurrencies.

 

 

Ethereum over Bitcoin

Ver shared the hosts’ views on the Ethereum ecosystem, particularly with regard to innovations like NFTs, on the YouTube show Show Me The Crypto. Ver said:

“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”

He yielded that Ethereum has scaling issues yet made light of the seriousness of the issue by bringing up the pervasiveness of EVM-viable blockchains that can take the heap off the fundamental chain.

He also praised Vitalik Buterin, a co-founder of Ethereum, for leading the project and making it what it is today.

 

 

 

 

 

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Missed chance for Bitcoin?

The realization that Bitcoin was unsuitable for the functionality Buterin envisioned, such as smart contracts and DAOs, is the focus of accounts of the creation of Ethereum. He came up with a new, more expansive idea as a result, which he later developed with the assistance of Gavin Wood, Charles Hoskinson, Anthony Di Iorio, and Joe Lubin, who were also co-founders.

But Ver added to this account, stating that the “scaling civil war” between Buterin and Bitcoin developers over the future of Bitcoin led to the creation of Ethereum.

He explained that Bitcoin was more than just a means of exchange and a store of value in Buterin’s mind. In any case, numerous Bitcoin engineers opposed this thought, bringing about struggle.

Buterin left because the two parties couldn’t come to an agreement, and he took his ideas to build Ethereum, which Ver said was a missed opportunity for Bitcoin.

 

“All of that would have been built on top of Bitcoin if not for the scaling civil war that happened. These Bitcoin developers hate Vitalik, and they drove him from the project to create Ethereum and more power to that.”

Ver expressed her gratitude to Buterin once more, stating that he is accountable for propelling “all of humanity forward into the future” and improving the world.

 

 

 

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