Is Ethereum Dead?


As we see the bitcoins are very popular in the cryptocurrency world and people mostly wish to invest or trade in bitcoins. Is is true that Ethereum is dead?

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Charlie Evans 3 months 1 Answer 34 views 0

Answer ( 1 )

  1. No, Ethereum is the second best cryptocurrency (by market cap), it is alive and it is simply better than Bitcoin. Bitcoin’s purpose is to be the virtual currency of the internet, and it uses the blockchain to do this.

    However, Ethereum focuses on the bigger problem, so it is adopting much faster as compared to Bitcoin. ICOs and smart contracts are being created everyday using Ethereum.

    Many of the people developing the literally thousands of projects on Ethereum are among the most knowledgeable persons in cryptocurrency world, and most of them would switch to EOS, NEO etc. if Ethereum will not meet their needs, but they continue their work with the Ethereum platform.

    Ethereum is a decentralised peer-to-peer network just like Bitcoin, but users have the unique ability to create “smart contracts” and there are many other functionalities on this open-source, public, blockchain-based distributed computing platform, which already provided Ethereum quick and impressive growth.

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