In their latest video Altcoin daily covered Bitcoiner’s explanation on how Ethereum could outperform Bitcoin, both coexisting. Furthermore they discussed NFT marketplaces.
Nic Carnier says Ethereum could overtake Bitcoin as the number one cryptocurrency by market cap. Unlike Bitcoin, decentralised from governance perspective, Ethereum has leadership and they make frequent changes to the network to adapt to the needs within the ecosystem. Bitcoin has already been tokenized on Ethereum (WBTC). With about a billion dollars worth in circulation on the Ethereum protocol, both coins are mutualistic and can coexist (1:15).
Non-Fungible Tokens (NFTs) marketplace OpenSea is set to integrate Ethereum layer 2 scaling solution Immutable X. The integration of the scaling solution will allow the marketplace to give their users access to a gas free trading experience without sacrificing the security of the Ethereum network (6:40).
DeFi platforms Zapper and AAVE announce Polygon sidechain integrations. The AAVE lending protocol and portfolio management alongside batches transaction platform Zapper will be offering the layer 2 implementation on Polygon, a one-time Ethereum competitor (9:03)
Musical artist The Weeknd, clears schedule for an NFT Mic Drop, his first NFT collection to be released on the Nifty Gateway marketplace this Saturday. The Weeknd will join the likes of musicians Grimes, Kinds of Leon, and Aphex Twins, all of whom have participated in what is quickly becoming a lucrative sector of the crypto industry (10:22).
This episode premiered on April 2nd, 2021.
