Ryan Sean Adams (rsa.eth)
@rsa.eth
Bitcoin is more than 3x the value of Ethereum. While the race is long, Ethereum has had 10 years and hasn't yet achieved the flippening, the closest it came was in ICO mania of 2017 - ancient history by crypto standards. ETH bulls - do you still believe in the flippening?
24 replies
1 recast
34 reactions
Badwolf
@badwolf
I don’t believe a flipping will happen in true number-number comparison. That said, ETH + value of ETH ecosystem + value of L2 ecosystem is probably a more comparable measure when comparing on a value basis (imho)
0 reply
0 recast
0 reaction
Omni Ventures
@omniventures
Totally agree. Do you have any updated numbers for each as you pointed out?
1 reply
0 recast
1 reaction
Badwolf
@badwolf
If I was to perform the calculation it would go as follows: ETH M/CAP + ETH TVL + L2 TOKEN M/CAP + L2 TVL I would source the info from: - @l2beat - CMC/CGecko
0 reply
0 recast
0 reaction
Omni Ventures
@omniventures
Even if you took just ETH market cap and L2 market cap while ignoring the TVL Including TVL may be like double accounting……
0 reply
0 recast
0 reaction
