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RE: Ethereum Price Closes on $400, Can it Take Over Bitcoin Soon?
I wonder if the rise in price is due to the debate on bitcoin over scaling. I had a friend say it took 40 minutes to process a transaction.
The difference in the system would be that Ethereum’s data processing is much faster than Bitcoin, as Ethereum’s system automatically applies the terms and conditions of a contract once it has been agreed upon.
Everyone wants to get paid faster! That's a good thing I think.
40 minutes for a bitcoin transaction that is.
a month ago I was bringing bitcoin within 10-15 min