Vitalik Buterin asked the Ethereum community which coin to choose to replace ETH, surprised with the answer

The Ethereum community has given interesting responses to Vitalik Buterin’s question “which coin to choose instead of ETH”.

Vitalik Buterin blocks scaled
Vitalik Buterin asked the Ethereum community which coin to choose to replace ETH, surprised with the answer

On the morning of January 14, Ethereum founder Vitalik Buterin suddenly posted on Twitter asking the Ethereum community about the cryptocurrency they would choose to replace ETH.

Specifically, the question Buterin posed was:

Vitalik Poll 1 14.1.22

“Let’s say you are in 2035, and 80% of transactions and savings worldwide are in the form of a coin that is not ETH. What currency do you want it to be?”

Buterin has provided options for users to choose from. In the first tweet, the founder of ETH listed Bitcoin (BTC) – the number 1 cryptocurrency in the world today; US Dollar (USD) – the current default world currency; along with Solana (SOL) and Cardano (ADA) – two projects with similar functionality and ambition to replace Ethereum.

At the time of writing, there were more than 245,261 votes, with the result that 42% chose Cardano (ADA). This can be seen as a very unexpected choice of the Ethereum community, because compared to 3 competitors, Cardano is the name with the least development and platform in 2021. Although Cardano in September successfully implemented it. The company upgraded Alonzo to support smart contract creation, but because of continuous technical obstacles, the progress of deploying dApps and DeFi applications above is very slow, despite the promises that proposed by the development team. Meanwhile, Bitcoin (BTC) is still the world’s No. 1 cryptocurrency, both in value and in recognition when it is recognized and invested by many large companies, and Solana is one of the most popular cryptocurrencies in the world. Cryptocurrency was the most “explosive” of the past year, both in value and in the DeFi ecosystem.

The possible reason for the above result can come from the Ethereum community’s assessment of Cardano as a project with a good technology foundation and potential, which can be compared with ETH in the future. Another point worth noting is that Charles Hoskinson, the founder of Cardano, is also the co-founder of Ethereum.

In his second survey post, Vitalik Buterin listed coins in the “Chinese” category, including yuan (CNY), TRON (TRX), NEO (NEO) and Binance Coin (BNB). Except for CNY which is a fiat currency, all three remaining coins are oriented to develop into a digital ecosystem like Ethereum. Even so, it is not surprising that BNB is the coin that received the most votes with 41.2% of the 97,655 votes, a solid confirmation of what the Binance cryptocurrency exchange and Binance Smart Chain have already done. done in the past.

Vitalik Poll 2 14.1.22

Vitalik Buterin’s survey, while not leading to any major impact, does reflect the ETH community’s expectations about the platform they consider to be the next potential after ETH.

Synthetic Coin68

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