Bitcoin or Ethereum?
Four researchers from Australian Universities have published an article that discusses how upgrading the EIP-1559 makes Ethereum a potentially better store of value, as compared to Bitcoin. According to the report, a transaction fee of more than 50% of the newly created 12,000 ETH per day, have been burned by EIP-1559, and they believe that more ETH will be burned as the demand for it increases due to its robust ecosystem. In their conclusion, they state that Ether offers the superior long-term storage value. However, Bitcoin supporters will also have their own opinion on why the BTC is still the best option.
As we all know, China has banned all “virtual currency-related business activities”, however this has not significantly affected their local crypto media. An anonymous executive from a big crypto publication has said that several crypto sites have moved their community to other media outlets like Telegram and Twitter to get their information across. More Chinese people have also joined these 2 social platforms, from users to developers and even evangelists. Nothing can stop the crypto wave.
Forbes has recently published its list of 30 under 30, and they have named 15 young crypto business pioneers on it. Despite its name, the list actually comprises of 600 individuals aged 30 and below from an aggregate of 20 classes like gaming and music, while most of crypto names come from the finance category. This year’s crypto selections represented a 50% increase over the 10 crypto leaders that were named in the previous release. This shows an undeniable trend of crypto being increasingly accepted into mainstream media.
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Academic research claims ETH is a ‘greater’ store of value than Bitcoin
Australian university researchers have questioned Bitcoin’s reputation as the best cryptocurrency store of value network, with Ethereum on its way to “becoming the world’s first deflationary currency.”
A November 18 article by four Australian researchers discusses how upgrading the EIP-1559 makes ETH a potentially better store of value. The research was co-authored by Ester Félez-Viñas from the University of Technology Sydney, Sean Foley from Macquarie University, Jonathan Karlsen from the University of Western Australia and Jiri Svec from the University of Sydney.
Chinese crypto ban poses no threat to local industry media, sources say
While some major Chinese cryptocurrency-related publications seem to be shutting down, a number continue to be run by local news agencies that have switched to social media like Twitter.
China’s most recent crypto ban would not significantly affect local crypto media sources as there are a number of ways to disseminate industry information, according to an executive at one of the biggest crypto publications in China.
15 Crypto Leaders Create Cut For Forbes 30 Under 30
Forbes has named 15 young crypto business pioneers on the 2022 release of its 30 under 30 list. Despite its misleading name, the yearly Forbes 30 under 30 list is really comprised 600 individuals aged 30 and under from an aggregate of 20 classes like finance, gaming and music. Prominent graduated class from last year’s release include FTX and Alameda Research author Sam Bankman-Fried, and Brian Tubergen, the fellow benefactor of U.S.- based beginning symbolic offering and trade stage CoinList. In the most recent issue distributed on December 1, Forbes noticed that the last batch of individuals younger than 30 raised a larger number of than $1 billion consolidated..
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