University researchers in Australia have questioned Bitcoin’s (BTC) reputation as the best store of value, claiming that Ether (ETH) is on track “to becoming the world’s first deflationary currency.”
A Nov. 18 paper by four Australian researchers discusses how the Ethereum Improvement Proposal (EIP) 1559 upgrade makes ETH a potentially better store of value. The research was co-authored by Ester Félez-Viñas from the University of Technology Sydney, Sean Foley from Macquarie University, Jonathan Karlsen from the University of Western Australia, and Jiri Svec from the University of Sydney.