Receive all Bitcoinist news in Telegram! The future is bright for cryptocurrency’s big players — particularly Bitcoin and Ethereum. According to a market survey, however, Ethereum is set to see a more dramatic increase in market capitalization in 2018 than the current market leader, Bitcoin. As reported by the South China Morning Post, Finder — a consumer product and services comparison website — asked nine blockchain industry participants for ethereum vs bitcoin blockchain opinions in regards to the top 12 cryptocurrency’s predicted price trend.
The study suggests that Ethereum will lead the charge with a 212 percent increase, followed by the gold-standard of cryptocurrency, Bitcoin, at 194 percent. Bitcoin Cash, by comparison, is expected to increase 123 percent. The survey’s participants are particularly bullish on Ethereum due to the cryptocurrency’s wider applicability of its underlying blockchain network, according to the South China Morning Post. Ethereum is also expected to face more competition from the likes of EOS, NEO, and others. Nevertheless, Ethereum has become a bit of a brand in the more mainstream cryptocurrency space, with a listing on Coinbase and memorable name helping solidify the cryptocurrency in the minds of a wider audience. Bitcoin still accounts for an outsized portion of our flows .
To put it in perspective, average daily Bitcoin turnover is still more than three fold that of Ethereum. Do you think Ethereum will see larger gains this year than Bitcoin, or do you think competition from EOS and others will eat into Ethereum’s dominance in the ICO space? Let us know in the comments below! A session, hosted by the company’s Founder and Executive Director Benjamin Bilski. Salesforce Crypto By End Of 2018? Speaking as part of a joint interview with CEO Marc Benioff at the TrailheaDX conference April 5, co-founder Parker Harris confirmed personnel were executing a new offering for the company’s Dreamforce conference later this year. Ethereum has been characterised by a lot of volatility in recent times.
Why is it that we need to start paying attention to it? And why is it set to overtake bitcoin by 2018? In this guide we will answer these questions and more. History of Ethereum We need to start in the beginning. The infographic below traces the history of Ethereum and identifies the key events that lead it to emerge as one of the most important cryptocurrencies.
Starting in 2013, the infrastructure started to be built that would allow this new coin to pose a major threat to the main ‘rival’: bitcoin. Ethereum is set to overtake bitcoin by 2018. How Ethereum is Set to Overtake Bitcoin in 2018 In order to understand how ethereum is set to overtake bitcoin we will introduce key ethereum concepts first. Once this is done we will address the core issue of concern in this guide: why we think ethereum will be the most important cryptocurrency in 2018. Ethereum’ a term that often works the tongue while pronouncing it. But yet, it is a word that we must become accustomed to in the new found world of blockchain technology. By definition, Ethereum is a decentralized platform that runs smart contracts.
The platform was developed by Ethereum Foundation, a Swiss non-profit, with some expert advice from great minds across the globe. The platform dawns us to a new found world of blockchain technology where all applications run exactly as programmed without fraud, third party interferences, or even a downtime. This is a feature that is only unique to Ethereum. That said, Ethereum’s applications potential are endless.
As a matter of fact, Ethereum does not just offer a platform. It helps developers create markets, store registries of debts as well as move funds in accordance with past instructions. Ethereum is braised to change the global technological infrastructure as we know it. Most cars run on gasoline while others have to be plugged in before they go out. With Ethereum, Ether, a new form of gasoline is required, something that all these new and exciting applications need in order to run.