The term "Ethereum Killer"

By JaiChai | (IJCH) Blockchain and Cryptos | 11 Feb 2021

images (5).jpeg

The term "Ethereum Killer" (the time when another platform Overtakes Ethereum) has been around as long as "The Flippening" (the time when another cryptocurrency overtakes Bitcoin in market cap).

^image by warosu

But while "The Flippening" is easy to understand, the term "The Ethereum Killer" is harder to define.

images (14).jpeg

image by decryptionary

Some think it means the same as total market cap (a kind of "Flippening of Ethereum).

Some believe that is when a platform has more tokens and transactions than Ethereum.

Others believe it means that TX fees on another platform are drastically less as compared to Ethereum - while residing on both; as in the case of Tether (both an ERC20 and TRC20 token) which runs on Ethereum and Tron.

images (15).jpeg

image by me.cailu

IMHO, the true "Ethereum Killer" will not possess just one of the above, but ALL of them.

By JaiChai

images - 2021-01-08T012504.336_20210130140501717.jpg

This is YOUR TORUM INVITATION!

images (50)_20201228202843402_20201228203029582.jpg

(^images by Author)

Cryptocurrency Crypto Blockchain Ethereum (ETH)

How do you rate this article?

JaiChai

I'm a single papa actively enjoying my varied passions (e.g., Writing, Disruptive Technology, Cryptocurrency, plus more hobbies too bizarre for most folk). I live on an island paradise with my teenage daughter, longtime girlfriend and three dogs.

(IJCH) Blockchain and Cryptos

IJCH - Inside JaiChai's Head (Meaning: My Warped, Personal Opinions and Musings on Blockchain and Cryptos)

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.