A tale of two cryptocurrencies: Ethereum and Bitcoin’s ongoing challenges

“It’s been one of the most interesting months in the history of cryptocurrency. The price of Bitcoin has soared up to nearly $800 (then dropped to $675 as $19 million in BTC hit the market) as the reward for mining a block is soon set to be halved. Ethereum created what is arguably the world’s most complex multi-million dollar financial instrument, the DAO, only to see it hacked through a combination of flaws in its “smart contract” and the language it was implemented in. Meanwhile, the average size of a block in the Bitcoin blockchain nears 90% of the 1MB hard limit.”

tags: blockchain

A tale of two cryptocurrencies: Ethereum and Bitcoin’s ongoing challenges