Senior official of the leading US bank: Ethereum is superior to Bitcoin
Mike McGovern, a senior official of the US bank Brown Brothers Harriman, which has been in operation since 1931, said that the Ethereum Blockchain is superior to the Bitcoin Blockchain.
‘Less cost and more There is a field of application’
McGovern made the following statement on the subject:
“When we look at the Bitcoin Blockchain and the Ethereum Blockchain, there is no doubt that Ethereum is superior. Ethereum costs less than Bitcoin because it requires less electricity. Not only is it cheaper than Bitcoin, it has a more robust technology and can be used in more applications than simple financial transactions.”
McGovern’s conclusion was not easy. McGovern has worked on Blockchain technology for five years.
These assessments of McGovern are something that should be emphasized as they reflect the bank’s policy.
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