Ethereum had the first mover advantage, but is it enough to defeat the challengers to its smart contract throne? (Research via CointelegraphCS)
Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens .
Cointelegraph Research has released a 74-page report that does a deep dive into Ethereum’s rise to this position, starting off by examining Bitcoin alongside Ethereum’s history and where it is today. Ethereum provided users with a way to create smart contracts in a way Bitcoin could not, which helped propel Ethereum to its current status as the leading blockchain for DeFi.
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