DappRadar
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How the Bitcoin Halving will impact Ethereum DeFi dapps

Tue May 12, 2020 12:08 pm

Amongst the hype surrounding the Bitcoin Halving. It is important to take the time to look at the possible effect on the Ethereum dapp ecosystem.

At first impression, it might appear there’s little crossover between Bitcoin and Ethereum. Sure, both are proof-of-work blockchains, and BTC and ETH are the two most significant cryptocurrencies by some distance.

But given Bitcoin is now considered to be a long term ‘store of value’, while Ethereum is positioned as ‘programmable money’, the way they’re being used is notably very different.

And that’s the way Bitcoin Maximalists (as maybe some Ethereum evangelists) would like to keep it.

What are your thoughts?

optimix
Nickel Bitcoiner
Nickel Bitcoiner
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Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Tue May 12, 2020 12:52 pm

It won't affect
Bitcoin has no dapps

d0z
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Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Sat Jul 25, 2020 5:27 pm

Not at all, aside from slight BTC/ETH price fluctuations.

OneChain
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Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Tue Aug 25, 2020 9:04 am

Are Defis legit or just another fancy name for scam?
Whichever chain wins,the world wins Image

CryptoStar19
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Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Fri Jul 09, 2021 3:24 pm

Are Defis legit or just another fancy name for scam?
DeFi is legit in that people are gaining yields on their staked crypto across a variety of platforms. Naturally some of the lesser known ones are risky and may turn out to be scams. So while DeFi is real, one must take care to do your own research and understand the risks before staking your crypto on a platform.

CryptoStar19
Nickel Bitcoiner
Nickel Bitcoiner
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Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Mon Jul 12, 2021 3:25 pm

One interesting thing to consider is that if ETH permanently overtakes bitcoin at some point in the future, it might mean that the crypto cycle will be decoupled from bitcoin's halving events permanently...

Lmaomen1
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Donate BTC of your choice to 3DnkXmanQuT8mWdbcdwBuHDdmMHNk2NJ4B

Re: How the Bitcoin Halving will impact Ethereum DeFi dapps

Mon Jul 26, 2021 3:52 pm

ETH will overtake the btc for sure

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