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RE: Ethereum becoming an official challenger to Bitcoin

in #cryptocurrency8 years ago (edited)

What has set Ethereum apart from other alt-coins is the fact they have never tried to be the next Bitcoin or Bitcoin 2.0. Ethereum takes blockchain technology and applies it to unique use cases that Bitcoin cannot currently compete with. While Bitcoin’s emphasis has always been on securing the network, Ethereum offer significantly greater flexibility. It is my hope as a supporter of both Bitcoin and Ethereum that each will find their niche and effectively optimize to dominate therein. At the currently high fees and extended confirmation times, Bitcoin is no longer feasible for accepting micro payments. Anyone have any thoughts on the proposed BIP 148?