- It works differently than other cryptocurrency projects. Unlike online projects with other types of cryptocurrencies, ETH transactions do not require third parties require it is a complete package service. This is why it is possible to execute very complex contracts.
- Ethereum is not a self-locking system. This means that other products and services can grow together with the ETH blockchain. This forces the ETH to constantly increase. More and more people are starting to invest in ETH.
- ETH is a well-planned project. Cryptocurrency is usually usually spontaneous. Many attend and die quickly. In the case of Ethereum, this is not the case. There is an obvious roadmap. It helps stakeholders understand how blockchain will evolve.
- This is an open system. This is a major benefit of this blockchain. Everyone from outside can join this project. It also makes it possible to develop and improve this ecosystem.
- Unlike other blockchain projects, Ethereum transaction fees are lower. It is really beneficial to invest in primary currency provider projects using this crypto money.
- Not enough tutorials. This seems like a small problem, but it is not. It's very difficult for beginners to start working with the ETH blockchain. They can only find a few basic information online. This is why many stakeholders may not be involved in the project.
- It has many platforms. This is the biggest minus of this cryptomoney. It's a platform with an ledger, a smart contract generator and more. This makes this platform vulnerable. Bitcoin, unlike ETH, is dedicated to completing only one function.