Over the past few weeks, Ethereum has become increasingly focused and has been catching up with Bitcoin in terms of market capitalization and transaction volume - a term that should not be overlooked in this context: Flippening.
The phenomenon of The Flippening means the changing throne between bitcoin and ethereum. Only recently, Ethereum managed to generate a higher transaction volume than Bitcoin - a daily head-to-head run takes place.
Ethereum was also able to make a good deal of market capitalization, and these and other values in the bitcoin / ether comparison can be seen on the specially designed page flippening.watch:
In some points, Ether has already managed to overtake Bitcoin. The Ethereum network has five times as many nodes as the Bitcoin network. In concrete terms, this means that much more computers are provided for Ethereum than for Bitcoin. Mining yields are also twice as high as in Bitcoin, as can be seen in the graph above.
To what extent Ether will be able to replace Bitcoin as No. 1 Crypto is, of course, pure speculation - there are good reasons and good reasons against it. One thing should always be considered: originally, Ethereum was not created as a competition to Bitcoin. Bitcoin is, in the first place, an equivalent to Fiat currencies, whereas Ether is in the strict sense only to acquire computing power for applications on the Ethereum blockchain. Accordingly, it makes more sense to speak of a coexistence between bitcoin and ethereum than of a competition.
