Are New Platforms Threatening The Hegemony Of Bitcoin And Ethereum?

Dec 21, 2017 · 6 min read
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…

To keep reading this story, get the free app or log in.
Read the rest of this story with a free account.

You’ll also discover more fresh thinking personalized to your interests and can follow your favorite authors, publications, and topics.
Or, continue in mobile web
Already have an account? Sign in

Medium is an open platform where 170 million readers come to find insightful and dynamic thinking. Here, expert and undiscovered voices alike dive into the heart of any topic and bring new ideas to the surface. Learn more

Follow the writers, publications, and topics that matter to you, and you’ll see them on your homepage and in your inbox. Explore

If you have a story to tell, knowledge to share, or a perspective to offer — welcome home. It’s easy and free to post your thinking on any topic. Write on Medium

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store