With Development And Price, Where Does Ethereum Go Long-term?
With Development and Price, Where Does Ethereum Go Long-Term? At a Blockchain conference hosted in Taipei, Ethereum Co-founder Vitalik Buterin outlined the long-term roadmap of Ethereum development. At a Blockchain conference hosted in Taipei, Ethereum Co-founder Vitalik Buterin outlined the long-term roadmap of Ethereum development. According to Buterin, most of the underlying issues of the Ethereum Blockchain network fall under the following categories: scalability, smart contract safety, consensus protocol and privacy. Several network updates including the most recent Byzantium hard fork provided solutions in the four major areas. But, as Buterin noted during an interview with South Korean mainstream media outlet Joong Ang, it may take at least two to five years to truly solve scalability within the Ethereum network. Buterin said : I would say two to five, with early prototypes in one year. The various scaling solutions, including sharding, plasma and various state channel systems such as Raiden and Perun, are already quite well thought out, and development has already started. Raiden is the earliest, and its developer preview release is out already. In regards to scalability, the Ethereum Foundation and the open-source development community of Ethereum made significant progress with the upcoming launch of the Casper testnet and the introduction of Plasma, a second-layer scaling solution developed by Buterin and Bitcoins Lightning Co-author Joseph Poon. Casper is a long-term scaling solution that employs a hybrid proof-of-work (PoW) and proof-of-stake (PoS) consensus protocol onto the Ethereum network. Currently, similar to Bitcoin, the Ethereum network solely relies on the PoW consensus protocol to maintain the network and to verify transactions. As Christian Reitw Continue reading >>
Why Is Ethereum Rising: How High Will Eth Price Go? | City & Business | Finance | Express.co.uk
Ripple price: XRP DOWN 50% on record high - Why is Ripple crashing? Ethereum prices have already soared more than 89 percent since the start of January, topping off the more than 8,000 percent growth it witnessed through 2017. CoinMarketCap data suggests that the platform is now the second most valuable digital asset on the market with a market capitalisation of more than 96billion ($130billion) second only to bitcoin s 181billion ($245billion) as of 6.12pm on Wednesday. Ethereum is now attracting strong corporate interest, and Mr Nerayoff said ethereums open-source implementation has made it an attractive option to businesses. He added: "People are actually using it for currency, as well. Ethereum price: The ETH token reached an all-time high price on January 10 Lower transactional costs are increasing usage of the entire network, and that's increasing the network effects of it. There are more users, more projects being built on there and more programmers. Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications The growing interest and exposition could in turn serve to grow the entire crypto space bitcoin and Ripple included. Thomas Glucksmann, head of marketing and APAC business development at Gatecoin, agreed that ethereums real world use made it a viable option for investors. He said: Ether's price rally is a testament to the growing popularity of ethereum as a platform for decentralised applications. Ethereum price: The ETH crypto token rose an incredible 56,000 percent since being created Over the last year and a half, we've seen that the majority of tokens issued during ICOs and traded on exchanges, have been coded to run on the ethereum network. But some crypto experts have rung the bell about the sw Continue reading >>
Top 3 Ethereum Project Price Predictions For 2018
You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>
How High Will Ethereum Go?
How High Will Ethereum Go? Will Ethereum Reach the Price of Bitcoin? Ethereum has been one of the top-performing cryptocurrencies in the world since early 2017, some say the price per Ether is going to surpass Bitcoin by 2018/2019. The rise of Ether is still at its beginning. It is not anywhere close to its potential yet. What do you think? How high will Ethereum go? Will Ether reach the price of Bitcoin by 2018? Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice. The opinions expressed in this article are the personal opinions of the author at the time of publication. Ethereum definitely has a huge potential to go beyond Bitcoin in terms of their market cap. The number of transaction on the Ethereum blockchain has spiked since the announcement on the Enterprise Ethereum Alliance (EEA) that connects Fortune 500 enterprises, startups, academics, and technology vendors with Ethereum subject matter experts. Institutions like Microsoft and JPMorgan have pledged their support to the development of Ethereum through the formation of the Enterprise Ethereum Alliance . The purpose of the alliance is to ensure the potential of Ethereum is realized across industries. The formation of the Enterprise Ethereum Alliance (EEA) in February helped spark Ethereums parabolic rise. The 116 EEA members include such giants as Toyota Motor Corp. (NYSE ADR: TM), JPMorgan Chase & Co. (NYSE: JPM), and Intel Corp. (Nasdaq: INTC). Although many organizations are invested in leveraging Ethereum to serve as a basis for privatized versions, the overarching goal is that one day, each institutions private networks will be connected to the global Ethereum blockchain. This will establish a new universal benchmark for information trans Continue reading >>
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's
2017 Was Bitcoin's Year. 2018 Will Be Ethereum's Dec 27, 2017 at 12:45 UTC|UpdatedDec 27, 2017 at 20:58 UTC Jez San is CEO of FunFair Technologies, an ethereum-powered casinoplatform. A vocal supporter and critic of blockchain technologies, San wasalso a pioneer in real-time, 3D games. The following article is an exclusive contribution to CoinDesk's 2017 in Review series. As a long time investor in bitcoin and cryptocurrencies, 2017 has been remarkable. But it's important to remember, this is really just the beginning. Despite the valuations, major protocols remain deficient in delivering value to users. Bitcoin with it'shigh fees and slow transaction times is hardly suitable for payments - spending the same fee whether you buy a coffee or send $100,000 is a joke and thepromise of scaling solutions such as the Lightning Network hasn't been fulfilled. Suffice to say, its new positioning as a store of value is precarious, even if,judging by the huge uptick in bitcoin price, the store of value narrative is winning for now. While there's no shortage of old and new believers to keep the party going, along with plenty of developers working to create better, forked versions of bitcoin, I'm betting my chips on a more flexible alternative. The door is wide open for blockchains that use smart contracts , like ethereum, and I believe their potential market dwarfs that of "store of value" chains. Platforms like ethereum are an operating system for decentralized finance and commerce. Think of bitcoin as DOS and ethereum as Windows or Mac OS. There is nothing wrong with DOS. It came first and was an essential part of the computer's success. Us geeks grew up on DOS, but computers only went mainstream when Windows and Mac OS appeared.DOS is difficult to learn, tricky to program and fe Continue reading >>
Why Is Ripple Price Going Down And Ethereum Rising? Bitcoin-style Cryptocurrencies Compared
Why is Ripple price going down and Ethereum rising? Bitcoin-style cryptocurrencies compared Ethereum and Ripple are two of the most popular cryptocurrencies (Picture: Shutterstock) Jasper Hamill Wednesday 10 Jan 2018 3:41 pm Watching the movements of cryptocurrency markets can make you feel a little seasick. And now the alt-coins Ripple and Ethereum have both entered choppy waters, you might be feeling a bit nauseous if youve got any money invested in them. Last week, Ripple (which is referred to as XRP) was the talk of the town amid rumours investors would soon be able to buy and sell it on the easy-to-use platform CoinBase. This sparked so much excitement that Ripple soared to record heights and briefly made its founder as rich as Mark Zuckerberg. But now Ripple is on the slide , plunging from a high of about $3.80 (2.80) to $1.90 (1.40) in less than a week. Ethereum (ETH or Ether), on the other hand, has been on the up all year. Its interesting because the blockchain which records transactions can also store other information such as contracts and even computer programmes. This chart shows the rise and rise of Ethereum over the past month (Chart: CoinDesk) Ripple has slumped in value over the past week (Chart: CoinDesk) We spoke to two crypto experts to find out what was happening. Benjamin Dives, CEO of the London Blockchain Exchange (BLX), blamed the price fall of Ripple blamed on a decision by the website CoinMarketCap, which removed prices from South Korean exchanges from its calculations of digital currency rates without any warning. He told us: The recent fall in price of Ripples XRP token could be attributed to numerous factors including the recent exclusion of Korean market prices on CoinMarketCap, investors taking profit, or simply just a healthy market cor Continue reading >>