A lively debate is underway in the crypto community as Justin Drake, a researcher at the Ethereum Foundation, believes that ETH could soon surpass Bitcoin in terms of price stability and network security.
🔥 ETH issues less than BTC – What will happen?
#drake compares the issuance of the two largest blockchains and finds:
Bitcoin has added 657,000 BTC to its supply since the Dencun upgrade.
Ethereum has only issued 469,000 ETH in the same timeframe.
The inflation rate of BTC is currently 0.83% per year, which is 66% higher than ETH.
This suggests that Ethereum could become a scarcer asset in the long term, especially as the amount $ETH burned through the EIP-1559 mechanism helps reduce circulating supply.
⚡ Is Bitcoin facing security risks?
Drake also expressed concerns about the sustainability of Bitcoin in the future:
$BTC has a supply cap of 21 million, causing miner rewards to gradually dwindle.
Currently, 99% of BTC miners' revenue comes from block rewards, while only 1% comes from transaction fees.
He warns that a 51% attack on Bitcoin could require only $10 billion and 10 gigawatts of electricity – a completely feasible number for energy-rich nations.
💡 Is Bitcoin really in danger?
However, not everyone agrees with this assessment. Analyst James Check argues that:
As Bitcoin becomes a global reserve asset, transaction fees will naturally increase, ensuring income for miners.
Advancements in nuclear energy technology and harnessing surplus energy could lower Bitcoin mining costs, helping to better secure the network.
🔎 Conclusion: BTC vs ETH – Who will win?
The debate between Bitcoin and Ethereum remains unresolved. BTC has the advantage of being the largest cryptocurrency, but ETH is proving itself capable of becoming a more sustainable asset thanks to its deflationary mechanism.
📌 What do you think? Could ETH surpass BTC in the future? 🚀 #anhbacong