Can ethereum topple bitcoin as the crypto king? – YouTube

Can ethereum topple bitcoin as the crypto king?

  • Video Views: 33563
  • Published On: 2022-03-07 17:30:31
  • Video Published/Author: CNBC International
  • Video Duration: 00:11:38
  • Source: Watch on YouTube

Ethereum is the world’s second-biggest cryptocurrency, and it’s giving bitcoin a run for its money.

Ethereum once was seen as bitcoin’s little brother. Now, things have changed.

The ethereum cryptocurrency, known as ether, has claimed a sizable share of the crypto market. And its underlying blockchain platform is powering innovations in the space, from decentralized finance to non-fungible tokens.

But technical issues with the ethereum network are proving costly, with users being forced to pay high “gas fees” to make transactions. And a flood of new tokens known as “ethereum killers” are hot on its tail.

That could be about to change as ethereum moves over to a new standard which proponents say will make it run more efficiently.

#CNBC #Ethereum #Crypto


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