Header banner
Revain logoHome Page
kamil tozosama photo
1 Level
5 Review
3 Karma

Review on Ethereum by kamil tozosama

Revainrating 4 out of 5

Ethereum Coin Review

Ethereum is the 2nd Largest cryptocurrency in the crypto market. Ethereum 2.0 is on the way which will fix some of the current issues that hold back many users from developing and utilizing Ethereum.
Ethereum stil runs on old blockchain version which should be update in Ethereum 2.0 .
Expect the value of Ethereum to continue going up along with user adoption and development. Google is even teaching Ethereum development at their training facilities so the most influential company on the internet recognizes the value and potential of Ethereum and they are on board with it as well.

Deployment of smart contracts and decentralized applications. send and receive payments much faster than bitcoin yet with the same level of confidence that it's value will remain.
Increasing value has made for an even better investment vehicle and storage of value. over the past few months the value of ETH has doubled meaning the value of our eth holdings has brought incredible returns in addition to the technical and financial purposes.



Pros
  • Development platform and cryptocurrency utilizing the blockchain and bringing developers and users together.
  • Decentralized applications on the ethereum network can operate autonomously including interacting with users via smart contract execution
  • ERC-20 tokens can be issued by any decentralized applications that also transact on the same blockchain as ethereum which enables fundraising, dividend sharing, loyalty point accumulation, and literally an endless number of unique and innovative uses.
  • The speed of Ethereum to complete transactions. Literally takes 10 seconds for confirmations to occur. Smart contracts enabled.
Cons
  • Sometimes when network conditions are not ideal Ethereum can be somewhat slow. This is especially true when compared to other networks like Tron and EOS which are probably 10x faster
  • The gas prices for executing smart contracts can become costly on the userside.
  • The lack of documentation to help people become Ethereum developers

Similar reviews