The Coin Shark: CZ Binance Said That Ethereum's Success Will Destroy It!

  • Sunday, 28 February 2021 23:32
CZ Binance Said That Ethereum's Success Will Destroy It!? Today, a message appeared on Twitter that Ethereum will not survive its great popularity. Changpeng Zhao (Binance) lamented that the second most popular cryptocurrency, like Myspace, will not be able to cope with the increased load CZ Binance recalled the words of Buterin, the creator of Ethereum. Vitalik Buterin once said that the killer of ETH is ETH. Changpeng Zhao thinks he's right. The huge success of cryptocurrency is fraught with network overload. So, it was with MySpace. The network was very popular, but could not cope with the increase in the number of users and that’s how it disappeared. There are many other similar examples. If Ethereum does nothing in the near future, it will face the same fate. ETH2.0 is very far from the final launch. It will take at least 1.5 years to fully deploy the new mining procedure. But the number of DeFi and NFT projects is growing every day. Many are already migrating to other blockchains in search of fast transactions and low commissions. Including on Binance Smart Chain. The BSC will not be an Ethereum killer, according to the C.J. Blockchain was developed to help solve the problem of high commissions which seems like it has succeeded. 📌 Subscribe to our Telegram, Twitter and Facebook to be the first to know the news of cryptocurrencies!

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