Why Ethereum will blow every cryptocurrency out of the water and overtake Bitcoin

in #ethereum6 years ago

I wanted to give some reasons as to why ETH will blow every crypto out of the water and have virtually no competition and even I, a Tron fanboy will give credit where it's due.

Ethereum right now can do about a maximum of 5-6 TPS which is very slow and not much better than Bitcoin despite having more use cases and real-world applications. Vitalik will be adding plasma and sharding as two-layer solution to vastly improve the speed of transactions and Dapps that can be used on its blockchain. In addition to Ethereum having it's TPS and it's Dapps updated so that it can handle the most recent ones it will also have to update it's core code if they go through with this which will mean the smart contracts will be secure and have little to no bugs if any, it's gas cost will be much cheaper and more efficient due to the core coding being upgraded and changed.

Finally, in addition to all this let's not forget that Vitalik wants to change Ethereum's algorithm from POW to POS since it's more efficient and will allow more investors to get their foot into the door and giving them a reason to HODL Ethereum as they would be rewarded for doing so. So I will boldly say that with all this in mind it will overtake Bitcoin in market cap and eventually in price.

Note: It's been talked about that Vitalik has also spoken about having a hard cap of 120 million ETH so keep all this in mind and tell me you don't see what I see.

download.png

Sort:  

Congratulations @uchihadesendent! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54552.37
ETH 2295.79
USDT 1.00
SBD 2.30