The less than two years old digital currency has now become the most profitable blockchain to mine and the most secure, according to a measure called the Köppelmann Constant, named after Martin Köppelmann, founder of the ethereum based Gnosis project which is now valued at around $200 Million.
According to a flippening website, which measures the point when ethereum’s market cap overtakes bitcoins, currently standing at around 38% of the way, the constant is explained as:
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