The second most popular cryptocurrency coin is ethereum, Ethereum is ranked #2 in the cryptocurrency market place. Currently many people are investing in Ethereum and they say that investing in Ethereum can be more profitable than Bitcoin, because they say that when Bitcoin is 100k then Ethereum price will reach 10k. In this they can earn more than Bitcoin. Also, some are saying that once Ethereum's SEC charges are over, the price will rise so much that they will be able to profit more than Bitcoin.
What is your view and your opinion about Ethereum? You can share if you want.
What is your view and your opinion about Ethereum? You can share if you want.
For once, Ethereum was one of the most decentralized cryptocurrencies after Bitcoin. But things have changed with the switch to PoS. I think Ethereum is now dominated by VCs, institutional investors, and companies alike. They hold a large stake in the network. ETH could make you profits if it keeps rising in price. But what use would that make if the network itself is centralized? Most people want to make money instead of focusing on what matters most. Only truly-decentralized crypto projects will stand the test of time.
I couldn't imagine what will happen with ETH after the hype ends (or worse, when Vitalik Buterin is no longer with us). At least, the code is open source. With forks like Ethereum Classic, and ETHW, we can still relive the good-old days of ETH. We can't predict the future, can we?
