Recent article on NASDAQ - a question

This recent op-ed on NASDAQ had an argument that basically said that Bitcoin was so far ahead in mining power that other chains had no chance of catching up:

How valid is this argument within the context of Ethereum scaling up from zero to being a substantial network?


  • jpritikinjpritikin Member Posts: 29
    Not very valid. Bitcoin uses proof of work which is resource wasteful and is vulnerable to the P+1 epsilon attack. Vitalik has a blog post on this. Bitcoin could evolve to address these weaknesses, but such progress seems very slow.
Sign In or Register to comment.