⚡Vitalik Buterin acknowledges Bitcoin's dominance in certain areas of cryptocurrency⚡
» Buterin, the co-founder of Ethereum, admits that Bitcoin still outperforms Ethereum in some aspects. He also acknowledges that the second layer still needs significant improvements.
» The co-founder of Ethereum responded to a discussion on a social media platform, where he discussed the strengths of the protocol and what needs improvement.
» Some users believe that Ethereum is already leading in this field in terms of censorship resistance, but not in terms of transactions per second.
» Buterin stated that Ethereum currently leads in censorship resistance and security. However, he also acknowledged that there are some aspects in this area dominated by Bitcoin.
» Buterin said in his post: "There are aspects where Bitcoin excels in my opinion."
» Buterin acknowledged Bitcoin's superiority over Ethereum in aspects such as programming simplicity, fewer protocol changes, number of nodes, as well as its lower reliance on remote procedure call services.
» Buterin believes that Ethereum is more advanced in censorship resistance and security thanks to its flexible and evolving protocol. With innovations like proof of stake, rollups, and advanced MEV risk mitigation strategies, Ethereum has developed a system that effectively resists centralization and censorship at multiple levels.