There are a few things Bitcoin developers could learn from the Ethereum Merge, castig writes. And a few things to ignore. Opinion.
Vitalik Buterin, co-founder of Ethereum,at a Paris-based Ethereum conference that after the Merge, Ethereum will still only be 55% complete. There’s a list of upgrades to Ethereum slated for the next two decades. The Ethereum community, Buterin cautioned, should learn to expect “short term pain, and long term gains.”This mentality of development opens Ethereum up to new possible futures, but also risk.
Since Bitcoin went live on Jan. 3, 2009, the network has never gone down, been hacked or stopped storing new data. Bitcoin is also a currency that can’t be inflated, a selling point that has become the network’s chief use case. The bookkeeping is never wrong. A forever database ensures the integrity of our collective memories in a way that previous databases could not.
For Bitcoin to thrive, users need to do more than just hold their money. Bitcoin needs to become productive. There is an opportunity for biticoiners to harness the power of their forever database through the use of additional layers so that they can build new applications.Stacks is an example of a layer that adds programmability to Bitcoin. With Stack’s Clarity smart contracts, you can create applications where the underlying transactions are secured by Bitcoin.
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