Review on Ethereum by LUIS RIVERO R
The silver of the cryptocurrencies
Ether is more than just a cryptocurrency that gives life to the gears to the Etherium ecosystem, boosting applications and payments when performing an operation, it is a large decentralized computer that allows anyone to create applications and smart contracts based on blockchain. It is one of the most accepted assets as a means of payment throughout the world and it is not for nothing that it is the second currency by market capitalization.
Its main characteristics related to its success depended to a large extent on the variables that limit bitcoin, ether arises as a solution to all these gaps that for a long period the BTC left us.
Although it is well received today, several times the network or its functioning has been seen, I guess you should already know the history of etherium classic: being this the ether network, its so hated fork that meant a hard blow for the investors and made the growth of its value slow down.
It is possible to find it in any exchange, or used in any payment platform.
Stable for investments, during the time it has in the market has always remained in growth, execto the decrease in value after the boom of the cryptocurrencies where its maximum value was of almost 1400 dollars.
He has problems with his approach since, as a project, he tries to cover many options offered by the blockchain, and this can cause him many problems in the sustainability of his development. So everything depends on the optimization of your platform, the protocol of foreigner and current verification is becoming obsolete and slow, causing delays in the verification of transactions.
In general, ether was designed to overcome the limitations of cryptocurrencies at that time.
Updated 5 years ago
Rating has not been changed
This project is currently under development for the launch of Etherium 2.0, however it has been clouded by some movements of large sums of Eth .
- The Developer in Find in Conversations to accelerate the necessary updates in the network.
-The main problem is the consensus that will be carried out in the new Mining Form in ETH and the current miners that is what Brand is currently implementation.
In general Etherium and its future depends on these changes and as they are received.
Pros
- It has company support.
- Multiple ways to adopt your protocol, thanks to its programming language.
- They have a planning as an exhaustive project, committed to each of the plans.
- Community growing, every day more people join the etherium platform
- Capacity of multiple uses.
- Open source platform, it is possible to know their repositories and audit them.
Cons
- Slow and inefficient transactions in some cases.
- Existence of other platforms, which adapt the ether model and have significantly improved it, each day has more competition.
- Lack of implementation of the updates, many delays have marked the new updates of the network this according to widespread information may be due to security problems.
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Comments (12)
November 25, 2020
Definitely etherium is a very valuable cryptocurrency. I agree with what you said, it's a great cryptocurrency that will make its impact more felt in the future. And as you said, it was not the second most valuable currency for nothing.
November 07, 2020
Nowadays ETH is 1 of the best advanced cash in the world.I think,The ETH adventure will make in the future.Because,we are realizing that individuals won't use paper assets in the future.
October 21, 2020
Ethereum is one of the top 3 cryptocurrencies in my opinion right now. I noticed that most traders and users use this currency. This shows that Ethereum is superior to me. Also, most exchanges that are easy to buy and sell support Ethereum.
October 19, 2020
From the start we had a way to expand and that expansion came from Ethereum. From there the world of crypto bloomed into the network it is today, by providing the platform that the everyday individual could utilize and expand upon through ERC20's ( a token run through the Ethereum blockchain ).
October 17, 2020
you prov. very good was nice to read also. Ethereum already has notable partnerships and interest from big industries that promise further adoption of the Ethereum network in the future.
August 12, 2020
You don't need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance.
It's The world programmable block chain
July 11, 2020
Hello, excellent way to explain a bit about Ethereum, the second most important currency in the crypto world and one of the easiest to mine since it can be mined with gpu I am currently mining it
June 28, 2020
I agree with you that Ethereum is committed to their plans. Blockchain is rapidly improving. I bet Ethereum is one of those projects that want to keep up with the others in the game. hence the move for Eth 2.0.
Its very exciting really to witness the competition in the crypto space and you almost can never guess what's created next.
Awesome review!
June 05, 2020
Ethereum is a well descentralized system. I've reading a lot about the different crytocurrencies on the market, and I dare to say that ETH is until now what I like the most. It has released multiple options for merchant and customers. In my humble opinion, I think that similiar models of the ETH platform do not really compete against its registered authencity. How do you think will be the future of Ethereum blockchain?
April 29, 2020
Ethereum is the best cryptocurrency platform at the moment, in my opinion. The ethereum platform is used by all traders and lovers of cryptocurrency. The erc20 tokens are also very influential on the platform's popularity. In addition, Ethereum is also very convincing for investors to buy and maintain their ETH Coins, all traders around the world will certainly have ethereum.
