{"id":360254,"date":"2024-10-02T13:16:11","date_gmt":"2024-10-02T07:46:11","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=360254"},"modified":"2024-10-02T13:16:11","modified_gmt":"2024-10-02T07:46:11","slug":"bitmex-founder-arthur-hayes-finds-ethereum-unlikely-to-be-assailed-by-challengers-says-eth-not-standing-still-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitmex-founder-arthur-hayes-finds-ethereum-unlikely-to-be-assailed-by-challengers-says-eth-not-standing-still-crypto-news\/","title":{"rendered":"BitMEX Founder Arthur Hayes Finds Ethereum Unlikely To Be Assailed by Challengers, Says ETH Not Standing Still &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>BitMEX founder Arthur Hayes thinks it\u2019s going to be \u201cvery, very difficult\u201d for other smart-contract platforms to surpass Ethereum (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/ethereum\/\">ETH<\/a>).<\/p>\n<p>Hayes says in a new <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=nQ959slQyXw\">interview<\/a> with The Big Whale that Ethereum currently leads the pack in terms of innovative applications and number of developers.<\/p>\n<p>He argues that innovations start on Ethereum and then \u201ccopycats\u201d materialize on other chains.<\/p>\n<p><em>\u201cThe Ethereum technology and the people building these things, they\u2019re the most innovative, and then everybody else copies them. So until I see a new chain where a new primitive is launched there first, and it hasn\u2019t started on the Ethereum network, then I don\u2019t think they\u2019re going to overtake them.\u201d<\/em><\/p>\n<p>Hayes does acknowledge that \u201cthere\u2019s a lot of noise\u201d regarding Solana (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/solana\/\">SOL<\/a>).<\/p>\n<p><em>\u201cIt\u2019s done extremely well. They have really good UI\/UX. A great, engaged community. The whole memecoin thing has been one of the best things that\u2019s ever happened for Solana, but at the end of the day, what is it? It\u2019s like one-fourth the market cap of ETH or something like that.<\/em><\/p>\n<p><em>I think, again, on a probabilistic basis, it\u2019s going to be extremely difficult for them to assail ETH. Especially [because] it\u2019s not like ETH is standing still. Now we have layer-2s, and the cost of transactions has been pushed down to that level, we have faster transactions per second if that\u2019s something that matters to you. So Ethereum is becoming competitive again and it already has these other advantages.\u201d<\/em><\/p>\n<p>Ethereum\u2019s market cap is around $296 billion at time of writing, while Solana\u2019s is around $68.1 billion.<\/p>\n<p><iframe loading=\"lazy\" title=\"What awaits the crypto market in the coming months (With ARTHUR HAYES)\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/nQ959slQyXw?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>\u00a0<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">X<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt\"><em>Generated Image: StableDiffusion<\/em><\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitMEX founder Arthur Hayes thinks it\u2019s going to be \u201cvery, very difficult\u201d for other smart-contract platforms to surpass Ethereum (ETH). Hayes says in a new interview with The Big Whale that Ethereum currently leads the pack in terms of innovative applications and number of developers. He argues that innovations start on Ethereum and then \u201ccopycats\u201d [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":360259,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-360254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=360254"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360254\/revisions"}],"predecessor-version":[{"id":360261,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/360254\/revisions\/360261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/360259"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=360254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=360254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=360254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}