Ethereum Cofounder Reveals How Radical Upgrade Could Challenge Bitcoin For Crypto Price Dominance

Ethereum, the second-largest cryptocurrency after bitcoin, has soared over the last year, climbing alongside the surging bitcoin price.

The bitcoin price has eclipsed its late-2017 highs of around $20,000 per bitcoin, roaring to almost $60,000 in recent weeks, while the price of ethereum’s ether token has also forged into fresh territory—up 30% from its early 2018 peak.

Now, a proposed upgrade to the ethereum blockchain that will destroy (or “burn”) ether tokens could mean ethereum…


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