When it comes to digital currencies, there is a lot of talk about Bitcoin and Ethereum. However, there is a new player in town that is quickly making a name for itself, and that is Dash.
In this article, we will take a look at why Ethereum 2.0 is a Dash killer.
First of all, what is Ethereum 2.0? Ethereum 2.0 is a upgrade to the Ethereum network that will enable it to process more transactions per second. The current limit on the Ethereum network is 15 transactions per second.
With Ethereum 2.0, this will be increased to around 100 transactions per second.
This is a significant increase and it will make Ethereum much more scalable than it currently is. This is important because one of the main criticisms of Ethereum is that it cannot handle large numbers of transactions due to its limited scalability.
With the release of Ethereum 2.0, this problem will be solved and Ethereum will be able to compete with other digital currencies such as Bitcoin and Dash in terms of transaction processing speed.
Another reason why Dash is considered a threat to Ethereum is because Dash has implemented a technology called InstantSend. This allows for transactions to be confirmed almost instantly, which is a big advantage over Ethereum which can take several minutes for a transaction to be confirmed.
InstantSend also makes Dash much more suitable for use as a payment system than Ethereum. This is because people are more likely to use a digital currency for payments if they know that the transaction will be processed quickly and they won’t have to wait around for confirmations.
Dash also has other advantages over Ethereum such as its privacy features and its lower fees. However, the main reason why Dash is seen as a threat to Ethereum is because of its scalability and its InstantSend technology, which make it a better choice for payments and transaction processing.