menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitwise CE...
source image

Coinpedia

4d

read

387

img
dot

Image Credit: Coinpedia

Bitwise CEO Says “Ethereum’s Mission is Not to Replace Bitcoin”

  • Bitwise CEO Hunter Horsley emphasizes that Ethereum's mission is not to replace Bitcoin but to overhaul Web2 platforms and traditional finance systems.
  • Ethereum, with its decentralized and permissionless nature, is already facilitating DeFi platforms, smart contracts, and tokenization, indicating a shift towards a new digital economy infrastructure.
  • The introduction of MegaETH, a Layer 2 solution, aims to significantly enhance Ethereum's scalability and performance, enabling applications like decentralized gaming, high-frequency trading, and AI-integrated DApps at scale.
  • Ethereum's focus is shifting towards market impact rather than market cap, marking its progression towards transforming into a crucial component of the evolving digital ecosystem and next-gen finance.

Read Full Article

like

23 Likes

For uninterrupted reading, download the app