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Review on Ethereum by Anderson Francis

Revainrating 4 out of 5

Ethereum as a Blockchain is a great investment

I got to know about Ethereum a little around the time Bitcoin was a staggering $10,000 and Ethereum itself some $300-400. Back then I paid little to know attention to it, not even after the many analytical analysis (if you'd permit me) that was uploaded by some Crypto so called gurus or analysts. Back then it was just Bitcoin as the highest and Bitcoin cash holding the second place, some would have said they owned that spot.



So I said to myself that Ethereum wasn't all that tempting as the Analysts make it seem. Unfortunately for me, time passed then came COVID-19, and soon after that year, Ethereum out of the blue skyrocketed to $1000 and Bitcoin cash was a struggling $400. Since then a ton of people have been going after Ethereum's Blockchain like they had their palms read that Ethereum Blockchain would bring great gain.



This however wasn't the case, instead of great gain, these things affected Ethereum as a whole, in the sense that, Ethereum developed this non-appealing gas fee, thus making it so expensive and once again leaving the many with a estranged feeling towards it.



However Ethereum has managed to maintain that second position, and thanks to its Blockchain, bringing up tokens that are being traded worldwide.



So yeah maybe the palm thing worked, but albeit its an amazing coin, it is still worth researching upon before embarking, the reason as aforementioned is the extra gas fee added to it for every transaction you make is outrageous.



That's the summary of my experience with Ethereum as a cryptocurrency and a Blockchain.



Cheers!!!

Pros
  • It's incredibly fast and its Blockchain is of high quality
Cons
  • Its gas fee is on the high side

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