Crypto news: Roger Ver, also known as “Bitcoin Jesus,” said it will be Ethereum (ETH) that will be able to attract the majority of new users, not BTC.
The second-largest crypto by market cap is leading global crypto adoption, according to Ver.
Ethereum News: “Bitcoin Jesus” Roger Ver sees ETH as leading the way for mass adoption crypto
Roger Ver, nicknamed “Bitcoin Jesus,” has surprised the public with new claims that he supports Ethereum, not Bitcoin, as the leader for crypto mass adoption.
Ver’s comments come during the very episode of Show Me The Crypto that aired today.
Basically, Ver talked about the clashes that occurred in Bitcoin’s early days between Ethereum co-founder Vitalik Buterin and Bitcoin’s core developers.
From there, the “Bitcoin Jesus” recounted that the willingness to see BTC as a currency or store of value from its supporters, rejected Buterin’s idea which obviously was developed on the Ethereum blockchain: smart contracts and the Virtual Machine.
In this regard, Ver said:
“All of that would have been built on top of Bitcoin if not for the scaling civil war that happened. These Bitcoin core developers hate Vitalik, and they basically drove him from the project to go and create Ethereum, and more power to him for that.”
Ethereum News: Ver praises ETH and EVM-compatible blockchains
In his praise of Ethereum, Ver actually said the following:
“Even though Ethereum doesn’t have the biggest market cap compared to Bitcoin, I think Ethereum is the front-runner in terms of driving worldwide adoption.”
Not only that, the great supporter of Bitcoin Cash, which he has always referred to as the “real Bitcoin,” also praised EVM-compatible blockchains.
Other Layer 2 scalability solutions such as Polygon (MATIC) are also supportive of Ethereum’s leadership, according to Ver, as it shares some of the load from the main chain.
In the episode, Ver also talked about other things, such as Ledger’s Recover service, which he called “disappointing” and which, in fact, seems not to be getting as much trust even among its users.
In this regard, Ver argues that even if people want to choose to have the ability to “recover their private keys,” the general ethos of a crypto hardware wallet should be precisely to leave full control of those private keys to its users.
The introduction of the ERC-6551 standard
Recently, the Ethereum blockchain introduced a new standard for issuing new tokens: ERC-6551.
This standard joins the existing ERC-20, ERC-721, ERC-777, ERC-1155 and ERC-4625, of which the first two represent fungible tokens and non-fungible tokens (NFTs), respectively.
In general, each reference network standard represents the set of rules and characteristics that define the tokens.
Hence, the brand new ERC-6551 is dedicated to making the NFT industry more dynamic, so as to increase its appeal and make it easier to manage given its enormous growth.
Meanwhile, ETH is worth $1870 today, up 2% from last week when it was worth $1816.
The second-largest crypto by market capitalization is not yet back above $2,000 as it was in mid-April, but it is certainly pumping in price from its New Year’s Eve 2023 high of $1190.
Source: https://en.cryptonomist.ch/2023/05/31/latest-ethereum-news-roger-ver/