Bitcoin Spot - Bitfinex

Bitcoin to USD price on Bitfinex |

Sunday, January 14, 2018

Tagged under: , , , , , , ,

Ethereum amongst the current crop of Blockchain technologies

The Ethereum ecosystem completely obliterates the rest of crypto by all metrics but market cap at this point! 

Ethereum stands out amongst the current crop of Blockchain technologies
Ethereum stands out among the current crop of Blockchain technologies in their offering of so-called Smart Contracts. Smart Contracts are protocols or platforms which use Blockchain technology to allow two or more parties (people, companies, NGOs, governments or whatever) to effectively automate the creation and ongoing evolution of agreements or contracts in such a way that everyone involved can be sure that what was recorded as said, agreed or done cannot be changed, accidentally or deliberately, without all parties being aware. Ethereum is the most developed existing platform for creating big public Blockchains. Additionally, Ethereum has also created smart alliances with big players. The escalation in the value of Ethereum has led to the second most significant cryptocurrency garnering a good deal of media headlines, although it is still dwarfed by Bitcoin.

Applications are necessary in order to run on its platform-specific cryptographic token, which is referred to as ether. According to Ethereum, it can be used to “codify, decentralize, secure and trade just about anything.” With a trading price in the region of $1,300 per unit, it seems that the future of Ethereum is very bright.

XRP only processes ~$500mn. Ethereum processes ~$25bn, so thats ~50x of XRP. And that doesn't even include ERC20 tokens and the fact that only part of Ripple ledger volume even involves XRP. So yes, XRP completely disappears on this chart. Its on-chain transaction volume is about on par with DOGE.


Post a Comment

Buy Instantly - Bulk buyers, please subscribe to the site and email me for Very competitive rates