US EditionEthereum Surpasses Bitcoin as Global On-Chain Settlement Layer, Analyst Claims
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Ethereum Surpasses Bitcoin as Global On-Chain Settlement Layer, Analyst Claims
Advantage Blockchain’s Alec Beckman argues Ethereum is becoming the dominant global settlement layer for on-chain assets, fulfilling a role initially intended for Bitcoin. Bitcoin was created as a decentralized alternative to traditional finance, aiming to be a peer-to-peer electronic cash system. Bitcoin’s price volatility and slow transaction processing, alongside limited flexibility, have hindered its use as everyday cash. Bitcoin now functio…
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