what is ethereum? how bitcoin biggest rival could become the most world valuable

[cryyptoexpert2020]

The booming price of bitcoin over the last year has created a buzz around cryptocurrency that goes far beyond technology enthusiasts and free market libertarians.

It has also helped draw attention to a number of other virtual currencies looming in its shadow, most notably ethereum.

Ethereum was created in 2013 by a 19-year-old Russian programmer and launched in 2015. For the first two years its price remained below $10. Then, in 2017, it exploded. In the space of 12 months, one unit of the cyptocurrency – called an ether – surged in value to be worth around $1,400 at its peak in January 2018.

While its price has since fallen back down to around $700, many still see it as the most promising of all cryptocurrency platforms, and therefore the one that holds the most potential for future price gains. Some even believe it could one day surpass bitcoin.

“Ethereum has the possibility to overtake the market capitalisation, and thus value, of bitcoin,”  Hubert Olszewski, director of business development at Blockchain Board of Derivatives, tells The Independent. “This is because from the get-go it was a more versatile tool.

[Thanos]

Ether is becoming somewhat valuable. Most ICO today are based on ether blockchain and also the application of smart contract on ether blockchain.
I believe in the next few year like about 2 to 5 years ether will be more valuable than btc. Irrespective of differs in price.

[Raboni]

I am also a fan of ethereum. Not impossible to reach the peak of success in the future. Majority of altcoins are base on ethereum. The big whales support this blockchain. Supporters are increasing massively. New projects are develop and base on ETH. No doubt in the future it will exceed.

[Contagem]

Of course there is such an opportunity that Ethereum will take the place of Bitcoin, but it will not happen exactly in the near future, because there are no prerequisites for this. Ethereum for the beginning should solve a problem of scaling of a network and reduction gaz price.

[Niteroy]

Ethereum has a large fan community, but it also has many shortcomings. If the team manages to fulfill all the promises, it will become even more popular, but I doubt that it will ever be replaced by Bitcoin. I do not see any coins that could replace Bitcoin in the near future.

[expander]

ethereum is one of the altcoins that has been widely used by traders. the existence of this altcoin can outperform bitcoin as the father of coins. or maybe in the next few years, ethereum will be superior to bitcoin. because currently some ICOs have used ethereum for trading.

[debra]

ethereum is an alternative coin that is made to make it easier for traders to transact. it cannot be denied that the existence of this coin is quite good compared to other coins. we can see that ethereum is one of the alternative coins that most people use to join the ICO. from the existence of this eth, it could be ethereum will be the leader in the crypto world and outperform its senior, bitcoin.