Saturday, February 10, 2018

Will Ethereum Overtake Bitcoin in 2018?

Bitcoin, for now, is the king of all cryptocurrencies, and the most famous of them. Created by a person using the pseudonym Satoshi Nakamoto, it defined the algorithms that enable the transfer of assets from one party to another without an intermediary, such as a bank. This helped to jumpstart what we call the Blockchain revolution. The application for Blockchain technology goes far beyond cryptocurrencies … and far beyond the finance industry. Despite its phenomenal 500% growth in the past five years alone – Bitcoin could be overtaken by upstart Ethereum that was developed by a millennial from Toronto. Ethereum's cryptocurrency has a name – Ether – that most people not familiar with. The total market value of all ether in circulation is $25-billion, not too far below Bitcoin's $42-billion. Ethereum now has "the flippening" in sight, that moment in time when its value surpasses Bitcoin's, something incomprehensible only a few months ago. Send us your projections. Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com

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