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Martin Tillier, a financial confidant who writes for Nasdaq, says a new DAO penetrate shows there is a disadvantage in Ethereum and that while some competence have suspicion it would simulate negatively on bitcoin, bitcoin’s cost activity demonstrates a reverse. While bitcoin does not offer a growth capabilities of Ethereum, it has demonstrated improved reliability.
In an opinion piece patrician “What Does Ethereum’s Massive Hack Mean For Bitcoin?” Tillier remarkable that some have touted Ethereum as a cryptocurrency many expected to emerge as a “winner” currency, “a VHS to Bitcoin’s Betamax” for those aged adequate to remember that rivalry.
Confidence In Ethereum Falls
While a full implications of a $60-million-plus penetrate on Ethereum are not nonetheless known, Tillier thinks certainty in a banking has suffered a reversal that it won’t be recuperating from anytime soon.