Predictions About Bitcoin and Ethereum's Attraction
Grant Hummer, co-founder of the Ethereum ecosystem marketing company, warns about Bitcoin's security prospects. With the current security budget, it would only take $8 billion to perform a 51% Attack on Bitcoin. If this number drops to $2 billion, the attack would be almost unavoidable. In contrast, Ethereum is predicted to become the value storage standard on the Internet due to its truly decentralized nature.
Hummer emphasizes that Ethereum's neutral payment system and high-speed L2 network can achieve millions of transactions per second – something a single global state machine cannot accomplish. The stability and maturity of the DeFi infrastructure far exceed short-term performance improvements.
Specifically, in the wave of Real World Asset (RWA) Tokenization, 85% of these assets and most Stablecoins have chosen Ethereum. Regarding criticisms that Ethereum is too ambitious, Hummer counters that this is similar to doubting the many functions of Windows or the Internet.
He believes Ethereum is becoming the platform of the global financial system, with security, decentralization, and ecosystem diversity being the key to attracting acceptance from large institutions.
