Can Blockchains Be Coercive? Bitcoin vs. Ethereum Backwards Compatibility

3 years ago
16

In this clip from the Daily Dunk, Alex McShane explains some of the problems with Ethereum that make it coercive. For example, the Ethereum difficulty bomb that will force people to upgrade from Proof of Work to Proof of Stake. Meanwhile, the Bitcoin blockchain is the only blockchatin that is fully backwards compatible.

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