One of the main arguments against Bitcoin is its energy consumption.
On the other hand, it is often said that there will be no new blockchain that achieves what Bitcoin has achieved: Being distributed without a premine that makes the founders rich and with no way for the people in power to inflate the supply.
What would happen is an ERC-20 token would be created that is distributed just as Bitcoin. In a way that everyone who holds Bitcoin automatically owns the same amount of this token? A fork of Bitcoin on the Ethereum blockchain, so to say.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments