Are New Platforms Threatening The Hegemony Of Bitcoin And Ethereum?

Forbes
Forbes
Dec 21, 2017 · 6 min read
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A bitcoin automated teller machine (ATM) stands at the Coin Trader bitcoin retail store in Tokyo, Japan, on Wednesday, Aug. 30, 2017. Both Bitcoin and Ethereum have seen a major increases in their price and market cap, but how sustainable is their market dominance?

By Nikolai Kuznetsov

Bitcoin and Ethereum dominate, but they aren’t infallible. Recent events have exposed their weaknesses when it comes to scalability, Bitcoin transactions have been plagued by long confirmation times, which are now intimately felt as Bitcoin is reaching new highs, and Ethereum users fear a looming network congestion considering…

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