Why Ethereum needs better compatibility explained

Almost all of the significant real world crypto use cases are DeFi use cases.

Ethereum (ETH) is arguably the real star of the blockchain world, and even while Bitcoin (BTC) continues its protracted bull run, ETH continues to thrive. & Nbsp;

According to a July report by Consensys, there are now 161 million unique Ethereum addresses, a 10% increase from the end of the first quarter of 2021 and the Total Value of Locked (TVL) of the ETH proof-of-stake ecosystem. reached $ 146 billion in August.

The crypto world is thanks to the ETH that it offers us functionality & nbsp; Smart contracts that enable use cases of Decentralized Finance (DeFi). & Nbsp;

Of course, Bitcoin is the most popular cryptocurrency, but it was designed as a simple, decentralized digital currency. & Nbsp;

As with any currency, its primary use cases are a medium of exchange, a unit of account, and a store of value. The leading cryptocurrency focuses on a simple role and does it reliably, with more transparency, privacy and security and fewer intermediaries, but Ethereum smart contracts take the possible use cases of blockchain technology to the next level.