Review on Ethereum by Berat AKIN
Ethereum
It is the second cryptocurrency I've heard of after Bitcoin. It is the most used cryptocurrency as a payment instrument. It can be found on every exchange and can be used as a payment option in many places on the internet. I think the main reasons why Bitcoin lags behind; I can say that the transfer is very slow and the transaction fees are expensive. In addition to these, it has a growing community day by day. Later, it will come to better positions.
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Pros
- It has firm support.
- The community grows, more and more people join the etherium platform every day.
- Open source platform, it is possible to know and control their repositories.
- Almost all exchanges can be traded.
- A cryptocurrency that can be valued
Cons
- Very high fee.
- Transfer is very slow.
- The commission is too much.
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Comments (1)
December 03, 2020
With ethereum 2.0, the smart contract blockchain network will be more faster in terms of conducting transaction and there will drastic drop in transaction fee kudos to this smart contract for always giving it users the best.
