Over time, I see a situation emerging in which Bitcoin functions as a kind of uber-anchor for everything. Its role will be to be a kind of ultimate “layer 0” record of truth. Meanwhile, Ethereum and other smart contract platforms could take on higher-level functionality, with each specializing in different types of transactions and data-processing that the rather clunky, limited-function Bitcoin blockchain is not built to perform. It will need greater cross-chain operability, but there are plenty of people working on that.
Trending
How My Bitcoin Mining Firm Is Surviving Crypto Winter, Again
This is an opinion editorial by Sergii Gerasymovych, CEO and Co-Founder of EZ Blockchain, a bitcoin mining company focused on using wasted and underutilized...