1 Level
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7 Karma
Review on Ethereum by Ahmet Karakaya
The home platform of ERC-20 tokens
As the second higher market cap altcoin of cryptocurrency markets, Ethereum didn't apply the promised roadmap during the development of the ETH project after the Vitalik achieved his goals. The competition between the similar platforms don't bother the Vitalik Buterin and he ignored the development speed of NEO&EOS which both projects were a competitor of the Ethereum platform. Many projects joined this platform due to the opportunities by the developers of ETH. The new teams don't need to create their own blockchain and the ERC-20 token platform was attractive for them.
Pros
- The higher treansaction speed per second
- Easy steps for creating the smart contract address
Cons
- During network congestion- Higher gas fee
- The lack of full decentralisation
