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What is the meaning of eth hard top and soft top

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What does eth hard top and soft top mean? In simple terms, it refers to implemen

What is the meaning of eth hard top and soft top

What does eth hard top and soft top mean? In simple terms, it refers to implementing a hard cap or soft cap on the underlying protocol of a certain digital asset, such as Ethereum. For example, Ethereum Classic already supports this model, but if ETH were to encounter issues during a bull market in 2016, a hard top would need to be implemented. This method can actually prevent many investors from incurring financial losses due to lack of understanding.

When the price of Bitcoin reaches its all-time high, people may perceive it as a “rat poison,” causing uneasiness and doubt about its value. This term “rat poison” may sound like a tongue twister, but it does not actually refer to a real cryptocurrency. What exactly is “rat poison”? Do they have their own mechanisms or is it a new currency? These questions and more may arise. Therefore, we can conclude that technically, eth is a very powerful consensus algorithm. (Of course, if you have read the articles mentioned above regarding hard tops and soft tops, you will find that most people say the same.)

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