Hello! I just wanted to pass along a quick article and podcast for your enjoyment.
Bottom line: citing high gas fees, ETH 2.0 uncertainty, lack of consensus on scaling options, some developers stopped working on ETH. They’re going to focus exclusively on bitcoin-based financial products.
My take: don’t sleep on the king. Bitcoin is still king.
Why we care: because ETH-based DeFi projects are the most popular and best developed, but you can do DeFi with other blockchains.
Also, if you have some free time, listen to Laura Shin’s interview with Andreas Antonopoulis and Dan Held on the Unchained podcast.
Two big, well-known crypto guys chatting about, you know, stuff.
If you’re enjoying Crypto is Easy, please vote for me for Hacker Noon Independent Tech Journalist of the Year! This is your last chance to vote :-)
Use your Hacker Noon login (if you have one) because your vote will carry more weight.
Relax and enjoy the ride!
Mark Helfman publishes the Crypto is Easy newsletter. He is also a top writer on Medium for bitcoin. His books, Consensusland and Bitcoin or Bust: Wall Street’s Entry Into Cryptocurrency, explore the social, cultural, and business challenges of cryptocurrency. Learn more about him in his bio.