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Ethereum Continues to Grow by g-dubs

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bitcoin · @g-dubs · (edited)
$13.81
Ethereum Continues to Grow
As the first smart contact platform Ethereum is one of the heavyweights of cryptocurrency.

Currently it’s second only to bitcoin with a market cap of nearly $30 billion.

However, because its going to take some time to scale, some consider it a has been.

<center> https://i.postimg.cc/rwJtPm1y/eth900.png </center> 

The real question is, can Ethereum implement Ethereum 2.0 fast enough to keep from getting passed by other blockchains?

There’s no shortage of scaling solutions being explored by Ethereum, including PoS, sharding, and Plasma, among others.

You can find a nice description of potential scaling solutions [here](https://cryptocurrencyfacts.com/ethereum-2-0-explained/).

Here’s another [good article]( https://www.cryptoglobe.com/latest/2019/05/ethereum-2-0-several-years-away-to-be-implemented-in-7-distinct-phases/) on Ethereum 2.0. The concern is that Ethereum 2.0 is ‘several years away.’

That might not be fast enough in the crypto world.

Despite potential scaling issues, Ethereum continues to grow.

<center> https://i.postimg.cc/ZYdvhj8M/eth901.png </center> 

That chart is from [LongHash]( https://www.longhash.com/), a blockchain data and media site.

As you can see the number of transactions on the Ethereum blockchain continues to rapidly grow in 2019.

Long ETH.

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vote details (58)
@cloudspyder · 
It's good to amass ethereum too... Steem probably will surpass ethereum as smart contract choice.
👍  
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vote details (1)
@g-dubs · 
Agree to buy some ETH... but Steem for smart contracts... ?? scratching my head on that one
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@mrme1984 ·
$0.17
This is going to be very interesting

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vote details (4)
@travelersmemoire · 
Given the monetary, and development time put into eth I doubt this’ll do much to slow its growth.  There are plenty of solutions and I’m sure they’ll implement one before we know it 😊.  I should probably buy more eth

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@g-dubs · 
i'm buying some ETH too
👍  
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