I’ve yet to see someone provide a detailed supply audits I’ve seen tests where multiple light nodes gave different readings on the same block height it’s ridiculous
Even if the do, burning at a high rate to combat the inflation it’s going to send gas prices through the roof to try and compensate.
No one wants to admit ETH has real problems here and it’s scaling solutions are piling vulnerabilities on the network
Indeed, these are real issues but it is still the most efficient and decentralized networks. Solutions of layer 2 are still based on ETH ecosystem.
Competitors such as EOS, TRON, BSC or DOT have not reached such a high number of use cases and users (for now).
Would you just invest in BTC hoping for smart contract and ETH like capabilities in the future then ?
Thanks for your very interesting comments
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BTC already has smart contracts via discrete log contracts, it has DEFI via HODLHODLs multi-sig on the liquid network
It also has lightning pools where you can lend out liquidity which I’m more than happy with
Eveyeone is free to compete and place their bets all in saying is these projects have not convinced me and the risk involved is higher than people think