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Scheme May Be Behind Ethereum's Brief Jumps Over Bitcoin in 'Adoption Metric'

Sunday, Oct 06 2019
Cryptocurrency
Written by  FinTech News Brief Staff
Scheme May Be Behind Ethereum's Brief Jumps Over Bitcoin in 'Adoption Metric'

Ethereum, for a brief moment, surpassed Bitcoin in "total daily USD-denominated transaction fees," an important adoption metric. So reports Forbes.

Higher fees were a result of congested networks, as more activity generally leads to higher transaction rates. Its possible a "Ponzi scheme-esque game" named FairWin may be responsible for the increased activity, though.

Click here to read the full article from Forbes.

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