A month earlier, Hoskinson has said that ADA will be
better than bitcoin and ethereum, but his comments received a lukewarm response from investors.
If Bitcoin does fail to scale then the end result will be a smaller number of full nodes but lots of people using the system — this is still
better than Bitcoin being deliberately crippled so it never gets popular because even if the number of full nodes collapses down to less than 1000, unknown future advances in technology might make it cheap enough for everyone to run a full node again.»
But this week, Ether has performed
better than bitcoin, moving in a different direction to the most dominant cryptocurrency in the market.
The Ethereum price fared slightly
better than Bitcoin on Friday, as the second - largest cryptocurrency rose three percent to $ 840.
Andolfatto does not exclude the possibility of a new system that would be
better than bitcoin or Federal Reserve and solve existing problems.
This is
better than Bitcoin and Ethereum that have hefty transaction fees.
At its early stages, the Ethereum network performed significantly
better than bitcoin in what concerns scalability and functionality.
According to the President of MUFG, Nobuyuki Hirano, the bank's own digital currency, MUFG Coin, will do one
better than Bitcoin.
Is
better than Bitcoin, is faster, brings real value and the number of circulating supply is low.
It is certainly
better than Bitcoin, but like every other privacy coin, there are disadvantages.
We're
better than Bitcoin, we're better than Facebook, we're better than you.
Litecoin, for example, is much
better than Bitcoin for making small purchases or transactions, like buying a cup of coffee.
Ethereum and Litecoin are far
better than Bitcoin Cash.
Its founder Charles Hoskinson has gone ahead and proclaimed the platform will be
better than Bitcoin and Ethereum within 6 — 12 months.
Litecoin is temporarily
better than bitcoin in terms of its technical upgrades as well medium of microtransaction.
Other settlement layers like Ripple, Stellar or the defunct Falcon Protocol don't actually move value and are no different than using a MySQL database... they are cryptocurrencies which may be
better than bitcoin for payments but have no liquidity and address none of the above - noted use cases regarding creating decentralised fiat pegged cryptocurrencies, «great for banks but not for remittance providers» says Bitspark.
Is Ethereum
better than Bitcoin?
«There are about a dozen different ways of getting money out of China that work a lot
better than Bitcoin,» he wrote, «and no one uses Bitcoin to get around currency controls.
In other words, «
better than bitcoin».
Still, the venture's whitepaper describes itself as
better than Bitcoin in almost every way, and the website claims it will support «10x lower transaction costs» and «2x - 3x times (sic) more» mining revenue — without providing any technical details to support these claims.
«The result is that we created a transaction volume that was three times
better than Bitcoin's global transaction volume at the time.»
Digibyte has been said to be far
better than Bitcoin in many ways.
The Ethereum ecosystem is faring slightly
better than bitcoin this week in terms of price.
For now, scant evidence supports any claims about EOS performing
better than bitcoin or Ethereum.
Bitcoin Cash is one such fork, claiming that its fundamentals are in fact
better than Bitcoin itself.
Certainly, a new currency will need to be substantially
better than Bitcoin to overtake it, and Bitcoin's status as the first cryptocurrency out there gives it special unique value (much like «the original» of any painting is worth thousands of times more than even the most visually indistinguishable replica).
«There is some chance that something an order of magnitude
better than bitcoin, technologically, could come along.»
A recent report claims that Bitcoin mining consumes as much power in a year as 159 countries, which is clearly far too much, and Buterin admitted that today's Ethereum isn't
any better than Bitcoin in that respect.
With Bitcoin Cash BCH technology being
better than Bitcoin core BTC.
However, I've come up with above Bitcoin alternatives to show you there some other virtual currencies that you should also consider; who knows in the future they perform
better than Bitcoin.
Weiss Ratings, which claims to offer the first ratings on cryptocurrencies, has rated ethereum
better than bitcoin.
This digital currency promised to be
better than bitcoin, and raised nearly $ 15 million from eager investors in August.
Not exact matches
The price of
Bitcoin crashed to
well below $ 10,000, plunging to as little as about $ 9,200, down more
than 50 % from its highs a month ago.
Bitcoin is having a pretty
good week — rising more
than 11 % and breaking above $ 9,000 for the first time in more
than a month.
Still, he says
bitcoin might
best be suited for a long - term buy and hold strategy rather
than a form of payment.
In previous media interviews, Gates has been quoted saying that
Bitcoin is «
better than currency,» and that it «is exciting because it shows how cheap (transactions) can be.»
I can't really phrase it any
better than this quote from BitMex, a
bitcoin analysis site:
Many Americans are tired of hearing about how Scandinavian societies have figured out how to do everything
better than us, but here's one more: how to launch a
bitcoin fund.
[Coinbase's] impenetrability has earned it a reputation as the safest place to buy
Bitcoin, helping it attract more
than 9 million customers who store at least $ 3 billion in cryptocurrency there, and who have traded $ 25 billion to date on its retail brokerage as
well as its institutional exchange, GDAX.
Last quarter was the
best quarter for blockchain and
bitcoin VC funding on record, more
than doubling the amount raised in the first quarter and up 89 % year over year, according to CBInsights.
«Woz» earlier said at a Money 20/20 event in Las Vegas he «admired»
bitcoin from the outset and considers it a potentially
better store of value
than gold or the US dollar.
So rather
than focusing on
Bitcoin as a speculative currency, the true focus should be on the underlying technology, known as the blockchain, and related «sidechains» that result in speedier payment methods, reduced financial friction, and anonymity, as
well as accountability and transparency.
The Winklevoss twins have argued
bitcoin is a
better asset
than gold and is still «underappreciated».
Phrases like, «If you were in Venezuela or Ecuador or North Korea or a bunch of parts like that, or if you were a drug dealer, a murderer, stuff like that, you are
better off doing it in
bitcoin than U.S. dollars,» expose his naiveté.
Reportedly, Dimon further told the conference of investors that
bitcoin «won't end
well,» that it's «worse
than tulip bulbs,» and that «someone's going to get killed.»
This isn't the first time a cryptocurrency promising
better privacy
than bitcoin has tried to break into the markets, making some users skeptical about the promise of Monero.
Except instead of google, it was a small group of
well funded developers who wanted
bitcoin to go in a different direction
than Satoshi did.
«It's my fear that Congress and other policymakers get wrapped up in the hype of
bitcoin and feel like doing something — anything — is
better than nothing,» McHenry said.
The last week has been a
good one for
Bitcoin, with the price rising more
than 10 % according to CoinMarketCap data.
The mechanisms that should have prevented this outcome have broken down, and as a result there's no longer much reason to think
Bitcoin can actually be
better than the existing financial system.