In recent weeks, Ethereum has experienced a period of scarcity. Since the beginning of June, Ethereum has suffered a flash crash on GDAX, a false rumor about the death of its founder Vitalik Buterin, network congestion due to the high demand of the ICOs, and a scandal of piracy, Equivalent of $ 32 Million last July 19th.
In spite of these misadventures, the price of the Ether was able to rise again and confidence seems more present than ever. After these tumultuous episodes, a promising horizon is looming for Ethereum and the good news is beginning to follow!
1-Blockchain.info integrates Ethereum
Blockchain.info, one of the oldest and most popular Bitcoin portfolios (BTC), has decided to introduce ether (ETH) as a second cryptomonnaie on Thursday, August 17, by integrating the Shapeshift.io exchange platform So users can easily exchange their bitcoins for ethers. The new Blockchain.info wallet also generates an Ethereum address to send and receive ethers.
-Peter Smith, CEO of Blockchain.info said, "The reason we decided to add ether is that Ethereum, as a community, ecosystem and technology has really matured. Blockchain.info is considered a user-controlled wallet, meaning that the owners of the portfolios hold their own private keys, as opposed to an online-hosted portfolio such as Coinbase where the company holds the keys Users.
What is the slogan of Blockchain.info: "Be Your Own Bank", "Be Your Own Bank".
2-Record of transactions
For the first time, Ethereum has surpassed the 400,000 mark, a record that deserves our attention.
Indeed, even though prices have not increased significantly,
the growing number of transactions means that the network
is being solicited, particularly with the ICOs, which use mostly ethers
to raise funds, and therefore it may be Medium / long term,
this will naturally have a positive impact on the price.
Nevertheless, high volumes of transactions have not yet resulted
in much movement in ether prices, a price that has remained relatively stable around $ 300 over the past week.
3-Enterprise Ethereum Alliance Expands:
Among the 34 new members are now well-known members such as Mastercard and Cisco Systems, banks and multinationals, members from a wide range of fields and fields are also involved: technology, government, health, marketing , Insurance and energy. The creation of the EEA had already propelled Ethereum to heights a few months ago. More recently, the arrival of MasterCard had rebooted the course of the Ether, and it seems logical that every future arrival boosts the growth of Ethereum given the global reach of the members.
3-Swiss bank adopts cryptocurrencies
The Falcon Private Bank, a private Swiss bank, decided earlier this summer to allow its customers to buy and store bitcoins on their account through a partnership with Bitcoin Switzerland brokerage. Recently, it decided to continue in this momentum in favor of digital currencies and thus, expand its range of cryptomonies including Ethereum, Litecoin and Bitcoin Cash. Customers will be able to start buying and holding these cryptomonas from August 22, 2017 (tomorrow).
The decision to add Ethereum and cryptomonics from a bank is a strong signal.
According to Niklas Nikolajsen, CEO of Bitcoin Switzerland,
this approach to expand their offerings responds to a strong demand
from their clients holding crypto-assets. To return to the Ethereum,
this decision on the part of the Falcon Bank demonstrates that the latter is considered a trustworthy cryptomonaie with a major financial potential for investors. Therefore, this decision should have an impact on the price of these three crypto-currencies and push them upward.
4-Metropolis, Ethereum's innovative hard fork
Metropolis has long been on the Ethereum track record. Unfortunately, due to unforeseen events, such as the DAO hack in June 2016, Ethereum developers were forced to put it on hold in order to better manage the internal crisis that affected Ethereum. This detour has led network engineers to improve the efficiency of customers and to focus on increasing the security of the system as a whole.
Metropolis is a hard fork that will take place at the end of September 2017 according to Vitalik Buterin. This fork is considered a major update to the Ethereum network as it will provide significant enhancements to the Ethereum ecosystem in terms of scalability, privacy and reduced inflation.
Confidentiality and Anonymity: Zk-SNARKs, known as Zero-knoledge Security Layer, is based on the privacy of ZCash and Monero. Ethereum users will have the ability to send transactions privately rather than display their address on the Blockchain. This would allow you to send money anonymously without anyone knowing the amount of the transactions.
Smart Contracts: The Metropolis upgrade would allow smart contracts to pay for a transaction instead of users. This would allow the recipient or a transaction to cover the transaction costs rather than forcing the sender to pay them. In summary, it will be easier for end users to use Ethereum applications, as they will not be forced ethers to perform transactions.
Inflation: Metropolis could also reduce inflation as the mining reward will be reduced by about 40%.
All these events bode well for the year 2017-2018. Olaf Carlson Wee, CEO of Polychain Capital, even goes so far as to say that investors would risk attending an Ethereum vs. Bitcoin as of 2018. Between September 2016 and June 2017 Ethereum experienced an increase of more than 10,000%. Will he be able to do the same this year?
It is clear that it is the only direct competitor of the bitcoin and it has only 2 years of existence, it all the time before it to beat new records, Ethereum for recall was launched in 2015 only.
