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Review on Ethereum by Spiral Out

Revainrating 5 out of 5

A developers experience with Ethereum

I struggled for quite a time on to getting on Ethereum or not. And as a software developer my concern is not only on financial investment but also as a developer. Ethereum has a huge ecosystem and there is a lot of room for development.
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First of all the financial charts shows a high performing company. Only the last 6 months it had increased its price by 800% and reached a market capital of around 400B; and is a company that it shakes the throne of Bitcoin since 2015.
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Until now everything looks charming to invest some spare change. Considering that if had invest 100$ a year ago then today I would had 800$. And If it had collapsed i would had lost only a 100$. Not great, not terrible ( at least where I live).
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But there is more with Ethereum; an entire ecosystem!
I watched some YouTube introductions and read the official tutorials.
For a developer like me it looked like I was entering a candy shop. DeFi, NFT, parallel coins. The traditional "Hello World" program was quite easy to build and it was very inspiring. Soon I was able to understand the core concept of it as also a couple of methods to turn my PC ventilators to a helicopter.
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The knowledge I gained gave me confidence to invest a small amount equal to a pizza couple of weeks ago and now I have an extra coke earned. Not great, not terrible again but it's only the beginning. If I add a pizza amount once a month, it can revert me back much more than if I had kept it in my traditional bank account and without actual risk.
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In conclusion, if you have some programming knowledge you will find a very interesting field to expand. The Ethereum developers have quite high salary range right now. The hand-on experience that you will gain will make you to understand the entire blockchain concept and you will find it very inspiring way of working also.
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If you are concerned on the financial investment perspective then it looks like a secure investment in long term. If you are thinking to invest a dollar today and take back millions then forget it. Ethereum has already a capital market of few hundred billions and the expansion to a few hundred trillions is actually impossible. But it looks very realistic estimation that it can double or even triple your investment in 5-8 years.
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Remember! Never invest more than you can afford to loose!
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Pros
  • Stable increasing
  • The Beacon Chain upgrade comes soon
  • Huge ecosystem
  • A lot of very promising supporting companies
  • DeFi & NTFS support
  • A lot of documentation and resources for developers
Cons
  • Still not so energy friendly

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