Ethereum Congestion
Hi :)
So recently the ETH blockchain has been rather congested :/ This ultimately has caused a lot of commotion with cloud mining sites even halting payouts until it clears up a little. The Ethereum protocol needs to improve its size in order to accomodate for possible traffic when this coin goes to PoS. The Ethereum network should be able to deal with this sort of issue but maybe this time it was just too big. It is looking like ETH could possibly even overtake Bitcoin with popularity as currently fees are very high and transactions are fairly slow moving to say the least.
However recently the ETH price has dropped and I hope all the bought before the dip can still make a profit later down the road as personally I think the price will rise. I also think the price will rise for ETC when ETH turns to PoS so maybe we should start hodling some of that ;)
Pentium
For those who dont know, Plutus.it is a PoS system designed for use with ETH tokens, it is set to launch sometime this year or next.
Its an investment well worth considering.
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