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:

“The ETHBTC rate where Ether PoW mining yields the same value as Bitcoin mining. Also, it is the ETHBTC rate where Ether PoW expends more economic resources on PoW than Bitcoin.”

Which basically translates to the point when ethereum’s blockchain becomes the most secure out of all proof of work based blockchains, making eth the very first platform to overcome bitcoin in this measurement.