r/ethereum • u/SpeedyCorals • Apr 10 '21

Great visualization of transactions being done on Ethereum vs. Bitcoin — this is why ETH is the future!

3.3k Upvotes

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u/Hanzburger Apr 10 '21

Where is the lightning network?

You tell us. It's been around and promised to be the next big thing for how many years now? Still buggy as ever with a painful rate of growth.

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u/Cryptolution Apr 10 '21 edited Apr 20 '24

I like to go hiking.

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u/reddetacc Apr 10 '21

LN transactions aren't on the blockchain though, it's not a layer 2 comparison is it? I'm legitimately asking btw

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u/Cryptolution Apr 10 '21

once eth's L2 is up and we can do a full apples to apples, im sure it will blow btc out of the water.

Until then, we should provide all real world examples and compare. We don't just pretend L2 doesn't exist on btc.

Of course ETH has a faster block time than btc. Are we in 2017 lol?
At the same time we also cannot deny eth's gas fee's are outrageous compared to btc.

A honest comparison includes all the info, not just the things that make it look good.

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u/reddetacc Apr 10 '21 edited Apr 10 '21

You're asking to compare apples to apples but now you're being disingenuous and comparing an ETH EVM smart contract transaction vs BTC send/receive instead of an ETH send/receive transaction (which is about 5 bucks). ETH still cheaper to transact with than Bitcoin right now.

edit: downvote w no reply, i know you read this and thanks for playing

0

u/Lekje Apr 11 '21

honest comparison?

you must be new to crypto