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OTCbid - Will Bitcoin “kill” Ethereum? Bitcoin’s Smart Contract Functionality Threatens Ethereum’s Lead

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" Will Bitcoin “kill” Ethereum? Bitcoin has been honing its technological prowess with the advent of BRC-20 token standards following the Taproot upgrade. The BRC-20 token standard is a pivotal development enabling the creation of fungible assets on the Bitcoin blockchain, aiming to replace the popular Ethereum ERC-20 token standard. However, BRC-20 tokens face challenges like the lack of support for smart contracts and non-fungible tokens (NFTs), which are integral to the Ethereum blockchain​.

 

The Taproot upgrade, a recent development on the Bitcoin blockchain, offers significant improvements to Bitcoin’s privacy and smart contract features. Despite the BRC-20 token’s limitations, the Taproot upgrade exhibits promise for Bitcoin’s potential to support smart contracts.

 

Bitcoin vs. Ethereum: What Is the Difference?

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Bitcoin and Ethereum are the leading players in the cryptocurrency market, each with unique features and capabilities.

Ethereum, the second-largest cryptocurrency network, is more than a digital currency. It is a comprehensive blockchain ecosystem with its native currency, Ether.” - Read More

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Source: BeInCrypto​

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500K BTC SELLER IN LONDON

-11% Gross, -5% Net, Barclays Bank, London 

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NEW: 3000 BTC with R&E @ -8.5% Gross, -5% Net, USDT/BTC, Escrow2Escrow(Attorneys), Lawyer2Lawyer - Look For Buyer

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(Seller : SMICH GBUR-LINK)

Post: 25.5.23

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• Seller is selling 3000+ BTC @ -8.5% gross, -5% net

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• Buyer = 5%

• Buyerside = 1.25% 

• Sellerside = 1.25%​​ (closed)​​

• Escrow = 1% (0.5/0.5)

• First tranche = 200 BTC

• Subsequent tranches = 500 BTC

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• PROCEDURE :

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• 1. Initial Engagement.: 

•     a. SPA, including IMFPA, signed by both parties.

•     b. Buyer and seller agree to tranche schedule.

•     c. Seller and buyer appoint a mutually agreed upon  escrow attorney for the transaction.

• 2. Proof of Funds via buyer's USDT wallet address.:

•     a. Buyer sends his Tether (USDT)  wallet or  public wallet address.

•     b. Seller conducts forensics (Coin Analysis Report).

• 3. Proof of Coins of the seller’s BTC wallet.:

•     a. Seller sends his bitcoin wallet or  public wallet address.

•     b. Buyer conducts forensics (Coin Analysis Report).

• 4. Transaction Procedure for Escrow.:

•     a. The both escrow agents provides the buyer and seller with the wallet addresses, where BTC and USDT will be sent..

•     b. The buyer sends the first tranche of USDT to the Seller’s escrow attorney’s  wallet.

•        . Seller Escrow attorney confirms receipt of USDT in his wallet and sends screenshots to the seller.

•        . The seller verifies the USDT via www.etherscan.io or www.tronscan.org online..

•     c. Seller subsequently sends BTC to the buyer’s escrow attorney's wallet.

•        . Buyer Escrow attorney confirms receipt of BTC in his wallet and sends screenshots to the buyer.

•        . The buyer verifies the wallet via blockchain explorer online.

•     d. The both escrow Agents conduct forensics on USDT and BTC.

•     e. The Seller’s escrow Agent sends USDT to the seller.

•     f. The Buyer’s escrow Agent sends BTC to the buyer.

•     g. Seller shall pay the sales commissions as per the instructions outlined herein in Annex D.

•     h. Steps b) to h) are repeated until transaction is complete.

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• BUYER MANDATE ONLY

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Interested parties should contact :

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• OTCbid@gmail.com

• DM Raymond Chai (on Linkedin)

• Telegram: +1 (786) 632 8577

• T.me/otc_bid

• OTCbid.com