MUST WATCH: BTC vs ETH, UFC Crypto, Fed Digital Dollar, BEST GEM OF THE WEEK YET. Kian
From Greg M
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Another trump-voter gets censored and de-banked. The America they loved and trusted in is now waging war against THEM! Hahahahahahahahahahahahahaahaaaaaaaaaaaaaaa! 😅 😅 😅
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https://www.wnd.com/2021/06/another-america-first-patriot-de-banked/
The problem with Ethereum layer 1 is congestion resulting in high gas fees plus Solidity is not easy to code securely which is very important for defi. The introduction of Layer 2 breaks composibility and therefore will have issues scaling as well due to increasing complexity and inter-shard comms. Most other competitors in a rush have also opted for sharding as a way to increase throughput but again in doing so have broken composibility. Alternative solutions such as DAGs etc all lead to centralisation. Only RadixDLT has solved all 4 issues facing defi. Scale, Security, Decentralisation, Composibility. BTC does one job and does it well. Security/scarcity just like gold. So BTC and Etherium are not competitors just as cars and trucks are not competitors.