The general director of Bitcoin Bond Company, the curator of the Catholicbitcoin project and the leading podcast Bitcoin for Corporations, Pierre Rochard said that the broadcast of the air has no chance of getting around the capitalization of bitcoin.
According to Roshara, supporters of the second in capitalization of cryptocurrency believe that the attack of 51% on bitcoin in the future could provoke a fall in confidence in the first cryptocurrency and stimulate the transition of capital into air.
However, the head of the Bitcoin Bond Company considers the hopes of the ETH-optimists for the collapse of Bitcoin by little realistic and not taking into account the mechanisms of protection of the Bitcoin network:
Replace-by-Fee (RBF)-the ability to change the transaction to a version with a higher commission, increasing the cost of a potential attack;
Child-Pays-Forent (CPFP)-a mechanism that allows subsequent transactions to pay for the previous confirmation and accelerate their inclusion in the block.
Built -in mechanisms will allow the network to remain stable even with a decrease in remuneration for miners and the appearance of quantum technologies, Roshar believes. The worst scenario for the first cryptocurrency will remain only the topic of discussion in the community and is not implemented in practice, the Bond Company top manager is convinced.
Earlier, Pierre Roshar doubted that the developing market of asset tokenization will create favorable conditions for the massive use of ether and XRP for payments.
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Source: Cryptocurrency
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