The betting race: late entrant Ethereum lags behind rivals with Eth2
The Proof-of-Stake model has been around since 2012, when it emerged as an alternative way to achieve consensus than Bitcoin’s computationally heavy Proof of Work. However, it has been necessary so far for PoS to take off, fueled by the launch of betting on high-profile platforms, including 2.0, Polkadot and. Despite epic price increases since the beginning of the year and the fact that it is the second largest cryptocurrency by total market capitalization, Eth2 lags behind competitors in betting rankings. So why is Ether (ETH) not the number one betting cryptocurrency? Continue reading on Coin Telegraph
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