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2019-07-03 03:05:33

Bitcoin’s momentum could impact Ethereum’s 2020 halvening

Bitcoin (BTC), Bitcoin Cash (BCH) and Litecoin (LTC) are looking forward to the third halvening in 2020. While things don’t seem to be working in favor of Ethereum; a rise in inflation rate is expected just weeks before the Bitcoin on May 20, 2020. The reason for this expected scenario is that the Ethereum is all set to launch an entirely new Proof-of-Stake (PoS) Beacon Chain in January 2020. When it comes to the prevailing design, the new chain has absolutely no connection to the Proof-of-work (PoW) chain and this PoW, in all aspects unrelated to the PoS chain. PoS