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Review on Ethereum by Jared Chambers

Revainrating 4 out of 5

Overall ethereum has the potential to have staying power. One potential…

Overall ethereum has the potential to have staying power. One potential downside would be the ease of which fraudulent activities can pull off large scale heists. If the SEC takes notice it may come down hard on Ethereum in addition to the people behind the fraudulent tokens.



Pros
  • The ease of which one can create smart contracts run on the ethereum block chain is a major plus. The cost to confirm transactions on the ethereum blockchain for ERC 20 tokens gives ethereum a revenue stream and intrinsic value for the coin.
Cons
  • The number of transactions that can be confirmed per second will limit the scalability for both ethereum and the ERC 20 tokens on its blockchain.

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