It is Vitalik Butterin, the founder of Ethereum, and he is still alive. He is a talented young man, and it looks like that Ethereum is a project of his entire life….
Ethereum is one of the major digital currencies with a reputation for the ability to process transactions more quickly and cheaply compared with other crpytos. It is not undeniable that Ethereum has undergone a tough period in 2018 just like other cyrptos.
However, this can be attributed to the announcements made by countries like China and the US of their intention to introduce stringent regulations on cryptocurrencies, among other reasons.
Even with this reality, the idea that Ethereum is dying is far-fetched because there are certain support structures that make Ethereum a network that’s here to stay.
First, Ethereum is more than just a cryptocurrency. It is an extensive platform that allows the creation of other tokens on top of its platform as well as the creation of smart contracts. Currently, there are many tokens that have been forked from Ethereum.
Second, it’s the preferred ICO platform for most startups and in fact, the market capitalization of Ethereum is only second to that of Bitcoin. This means that investors still have confidence in the stability of the Ethereum network.
Third, more and more Fortune 500 corporations like Microsoft, J.P. Morgan, and Intel are joining Enterprise Ethereum Alliance, a leading blockchain initiative whose main agenda is to create an open-source framework on the Ethereum platform for blockchain-based applications. This can help drive up its demand and value.
Fourth, by developing the ERC-20 standard, which is s a protocol for proposing improvements to the Ethereum network, the platform is enabling the standardization of tokens and reduction of fraud.
This is evidence enough that Ethereum has a future. In fact, Ethereum co-creator Steven Nerayoff said the value of the cryptocurrency could triple in 2018 because businesses in various industries are realizing the inherent value of Ethereum's protocol.
If Ethereum can manage to deal with the issue of scaling problem which, interestingly, has been brought about by the increased amount of traffic on the platform, the future can only be bright for the platform.
One more ICO of my list >>BASIS NEURO - MENTAL - CONTROL HEADSET.
I've been dreaming about this gadget since childhood!
The Brain-computer interface (BCI) technology allows controlling the usual everyday devices with the help of MENTAL COMMANDS!
