Tether CTO Paolo Ardoino on The Merge: 'Ethereum still doesn’t match Bitcoin'

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Paolo Ardoino, CTO of Tether and Bitfinex, said today that Ethereum still doesn’t match Bitcoin because its narrative keeps shifting.

The Ethereum blockchain is anticipated to move from proof-of-work to proof-of-stake on or around September 15, 2022.

In a PoS system, validators “stake” the native coin of the blockchain by transferring it to a smart contract, where it remains locked. A random validator is then picked to validate each new block and collect […]

 

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And this is why people prefer $USDC and $DAI.

'Tether still doesn't match a dollar'

They serve 2 different purposes. ETHMerge Bitcoin

Finally, I am earlyy on this trick? 🔥🔥

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