Ethereum Vs Bitcoin

in #ethereum7 years ago

Is Bitcoin's monopoly in the criptovalute market reached the end point?

Ethereum cryptography has only two years of life against the eight of Bitcoin rival but is already talking about it very well.
It was created in 2014 by little more than twenty years old Vitalik Buterin, a Russian programmer, considered by many to be a true mathematician genius who, after dropping out of university studies, devoted himself for a couple of years to developing the competing currency of Bitcoin.

Both cryptocurrency are out of control by central banks and other national institutions that control the exchange market.

Compared to Bitcoin, Ethereum was conceived as a tool for business transactions. No matter this year, Ethereum Enterprise Alliance was born, a huge consortium that brings together businesses that are integrating this technology into their infrastructure.

Among the big ones who joined the initiative are giant Microsoft giants of Microsoft, Intel, but also financial institutions such as Credit Suisse, Jp Morgan, Ubs, Bank of New York Mellon.

But Ethereum does not just like business. The new star in the signing of virtual currencies has come to the forefront of Russian President Vladimir Putin, who looks at it as a potential tool for diversifying the Moscow economy.

In the last few weeks, assaulting sales, in line with what happened to Bitcoin rival, Etherum recovered a bit, rising to $ 260, well below the highs on June 13 ($ 393.75) , compared to just over $ 7 in the beginning of the year.

Market capitalization, on the other hand, is $ 29 billion against the $ 42 billion of Bitcoin. The hedge fund Polychain Capital specializes in criptovalute, he notes that in 2018, with the good support of Bitcoin's supporters, Ethereum will surpass its rival in size.

ETHEREUM-LOGO-2.pngWill you succeed?

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