NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Tether Resolves Celsius Lawsuit With Major $300 Million Settlement Deal

Why Ethereum Can’t Displace Bitcoin for Industry Expert Antonopoulos

Rick Delafont
Rick Delafont
1 year ago
2 mins read
ethereum bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Andreas Antonopoulos doesn’t foresee any change in the positions of the top two digital currencies by market capitalisation any time soon. The author, computer scientist, and long-time cryptocurrency advocate believes the first mover advantages of Bitcoin and Ethereum will be impossible to overcome.

Bitcoin currently enjoys a comfortable market capitalisation lead over its nearest rival, Ethereum. Ethereum too has a large advantage over the next largest smart contract platform, EOS.

There Will be No Flippening, Says Antonopoulos

Bitcoin and Ethereum have reigned supreme in their respected niches for long enough that displacing either is all but impossible, according to respected cryptocurrency proponent Andreas Antonopoulos. The industry expert gave opinions on the matter during a recent video interview broadcast on the Ivan on Tech YouTube channel. In response to a question about the likelihood of a rival smart contract platform overtaking Ethereum, he argued that first mover advantages were incredibly difficult to overcome:

“I think it’s very, very difficult to disrupt the network effect of an early starter.”

Basically @aantonop says below: Ethereum won't overtake Bitcoin and other smart contract platforms won't overtake Ethereum. The network effects are already too strong. I said the same months ago too.https://t.co/Y5VIZ82wUb

— BitcoinEcon (@BitcoinEcon) November 28, 2019

Antonopoulos went on to argue that, thanks to the sheer weight of activity surrounding the respective networks, it would be almost impossible for a rival digital gold-like asset or smart contract platform to surpass either cryptocurrency. Not only is development activity important but market activity (volume and liquidity) and even social activity. The cryptocurrency author mentioned seemingly more trivial things like t-shirts, books, and conferences as also contributing to the overall power of  the network effect enjoyed by first movers.

For Antonopoulos, Bitcoin is already the de facto digital currency representing the hardest monetary policy ever and Ethereum has secured itself sufficient network effect to see it remain ahead of the other smart contract platforms out there:

“Ethereum can’t displace Bitcoin because they’re fundamentally different and Bitcoin has the early advantage network effect in a particular niche of super sound, super uncensorable money.”

He went on to state that even if a rival has better technology than Ethereum, the smart contract “niche is fully occupied”. The power of being an early mover means that the network has been able to grow much larger than its competition. This size makes developing on Ethereum more attractive too. Antonopoulos described a wider existing knowledge pool for developers to learn from, more software examples available, and better developer tools already out there as being a powerful lure to those wanting to build on blockchain systems.

After admitting he might be wrong, saying that there could indeed be some massive system-killing failure in either Bitcoin or Ethereum that could shake up the current market capitalisation distribution, Antonopoulos said:

“Just as Ethereum is not going to achieve a flippening over Bitcoin, just like all of Bitcoin’s competitors are not going to achieve a flippening over Bitcoin, I don’t see any other smart contract platform achieving a flippening over Ethereum.”

 

Related Reading: Bitcoin Bull Case Builds as Price Holds $7,500 Range; What’s Next?

Featured Image from Shutterstock.
Tweet123Share196ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Dogecoin

Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover?

Dogecoin fell sharply on Tuesday, losing a quarter of its value and retreating to the $0.19 mark after a recent...

Christian Encila 2 hours ago
Bitcoin Price Under Pressure

Bitcoin Price Under Pressure – Charts Turn Bearish As Bulls Lose Control

Bitcoin price corrected losses and traded above the $115,000 level. BTC is now struggling and might start another decline below...

Aayush Jindal 2 hours ago

DeepSeek AI最新預測:點名Solana、XRP、Chainlink與Bitcoin Hyper成年底翻倍焦點

隨著加密市場的回暖與機構資金重回主流,DeepSeek AI最新發布的投資組合報告成為市場關注焦點。該人工智慧模型在對2025年加密資產的市場結構、交易量與資金流向進行全面分析後,選出四個具備年底前翻...

Mark Mak 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Bitcoin Crash Unlike LUNA & FTX Collapses, Says Glassnode: Here’s Why

Keshav Verma 22 minutes ago
Ethereum

Ethereum’s Technical Reset: $3,800 Support May Ignite The Next Wave Upward

Godspower Owie 1 hour ago
Ethereum Looks Ready

Ethereum Looks Ready – Key Support Holds As Bulls Aim Fresh Upside Push

Aayush Jindal 2 hours ago

Premium Sponsors

Press Releases

  • ドージコイン 今後の価格予測:クジラの買い集めで1ドル目標が再び注目される

    ドージコイン...

    14 hours ago
  • リップル 今後:SEC申請が示すETF承認間近の兆し、XRPが1,000ドルを目指す瞬間か

    リップル...

    14 hours ago
  • 仮想通貨プレセール最終週:新興トークンが上場前に100倍高騰の予測

    ...

    14 hours ago
  • 新しい仮想通貨が350万ドルを調達、専門家が「2025年最高のプレセール」と評価

    ...

    15 hours ago
  • 新しい仮想通貨が急上昇:トランプ・トークンが注目され、次世代ミームプロジェクトが4百万ドル目前

    ...

    15 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.