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Bitcoin Cash’s [BCH] Roger Ver predicts coin could surpass Ethereum [ETH] on crypto-ladder

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Bitcoin Cash's [BCH] Roger Ver predicts coin could surpass Ethereum [ETH] on crypto-ladder
Source: Pixabay

Roger Ver, the CEO of Bitcoin.com has been a staunch supporter of the Bitcoin hard fork since leaving the BTC camp. The Bitcoin Cash proponent recently made another prediction while comparing Ethereum [ETH] with the coin.

In an interview published on Bitcoin.com’s official Youtube channel, Ver said that BCH would likely surpass Ethereum [ETH] “again in the future” and that he believed that the former had a better chance of getting more global adoption than the latter.

Ver, who reportedly criticized Bitcoin [BTC] on various occasions, also said that BCH had a greater possibility of bringing economic freedom to the world than any other digital asset.

Talking about whether fiat currencies and legacy institutions would be replaced by the virtual ones, the CEO was of the opinion that digital assets would get more and more market shares. However, he also admitted that it could not be said with certainty that fiat would be phased out completely, and termed the crypto-space a “whole new territory” for the world.

Reportedly, half of the nodes on Bitcoin Cash are run by Alibaba data centers. On a query about how decentralization came into play with industry giants running data centers for the Bitcoin hard fork, Ver opined that decentralization was not a goal, but rather a tool to help achieve censorship resistance.

On the issue of full nodes run by data centers around the world, Ver supported the move. He even admitted that there were lots of BCH nodes hosted by Alibaba and Amazon.



Ver claimed that to achieve the goal of censorship resistance maenat that” every individual could exercise control of their own digital assets” in the blockchain. The Bitcoin.com CEO has always been bullish of BCH and is a strong advocate of the camp.

He further claimed that Bitcoin Cash had successfully retained all the functionalities which BTC was initially created for and earlier alleged that the official subreddit of Bitcoin, BTC, was “completely censored for about three years”.





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Binance Chain’s first project Mithril to launch with MITH/USDT trading pair

Namrata Shukla

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Binance Chain's adds Mithril as its first project followed by MITH/USDT trading pair
Source: Pixabay

Binance launched its blockchain protocol on April 18 and it already has its first project launch on its network. Mithril, a decentralized social media platform will migrate to Binance Chain. The company’s MITH token, that ranks 121st on CoinMarketCap will transfer from ERC20 to Binance’s BEP2 standard.

Binance Chain has been a highly anticipated project in the crypto world since its announcement and with its launch, the community provided ample support to the move. According to reports, Binance is luring companies into migrating to their new native chain and leave Ethereum.

According to Mithril’s blog post, the migration commenced after the mainnet launch of the Binance Chain and informed the MITH holders that the deposit and withdrawals on Binance.com will be halted for the initial 12-hour migration period, however, trading will continue. The post added:



“Once the initial migration of ERC20-based MITH to BEP2 MITH is complete, Binance users will be able to withdraw MITH to BEP2 wallets, such as the Ledger Nano S, and begin trading on Binance DEX. ERC20 versions of MITH held in private ETH wallets or on other exchanges will not be impacted.”

As Mithril announced about its migration to Binance chain, the price of MITH, Mithril’s native coin saw a surge. The coin also saw a 70% hike,  followed by a market correction. At press time, MITH was valued at $0.0782 with a market cap of $40 million. The 24-hour trading volume of the coin was $108 million as it pumped by 67.10% over the past day. In the past seven days, the coin noted a surge of a massive 81.47%, which started to dip by 0.84% over the past hour.

Following the addition of the project, Binance announced the listing of MITH/USDT trading pair, which will start trading on April 19, 10 AM UTC.





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