Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Paglamon on May 16, 2020, 12:38:46 AM
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The reason Etheruem has so much value in the market is because of its use cases. Unlike Bitcoin which intends to behave merely as a global digital payment method, Ethereum has plans beyond it. Besides using Ethereum as a currency, its blockchain can be used for creating smart contracts as well as building, accessing and running dApps. Ethereum blockchain is useful to not only large enterprises, institutions and Govt. bodies but for small merchants and retailers. For example, financial institutions can use Ethereum’s blockchain for validating data and transactions, while dealers can use it for tracking goods in the supply chain.
Many big companies have already adopted the blockchain for better development of their businesses. Another benefit that makes Ethereum top the list of the best alternatives to Bitcoin is its ability to create smart contracts.
What's your opinion?
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The reason Etheruem has so much value in the market is because of its use cases. Unlike Bitcoin which intends to behave merely as a global digital payment method, Ethereum has plans beyond it. Besides using Ethereum as a currency, its blockchain can be used for creating smart contracts as well as building, accessing and running dApps. Ethereum blockchain is useful to not only large enterprises, institutions and Govt. bodies but for small merchants and retailers. For example, financial institutions can use Ethereum’s blockchain for validating data and transactions, while dealers can use it for tracking goods in the supply chain.
Many big companies have already adopted the blockchain for better development of their businesses. Another benefit that makes Ethereum top the list of the best alternatives to Bitcoin is its ability to create smart contracts.
What's your opinion?
Yes I agree with you bro, The Second Largest Cryptocurrency Best alternative to Bitcoin. Ethereum is smart contract platform and more be needed at the token project . Ethereum is the queen of crypto currency.
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Time to buy, While ETH futures trading in the U.S. is now a reality, derivatives products for other altcoins might still be a long time coming.
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Thank you all for the comment. I'm glad you agreed. I hope I can learn something better from you.
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The reason Etheruem has so much value in the market is because of its use cases. Unlike Bitcoin which intends to behave merely as a global digital payment method, Ethereum has plans beyond it. Besides using Ethereum as a currency, its blockchain can be used for creating smart contracts as well as building, accessing and running dApps. Ethereum blockchain is useful to not only large enterprises, institutions and Govt. bodies but for small merchants and retailers. For example, financial institutions can use Ethereum’s blockchain for validating data and transactions, while dealers can use it for tracking goods in the supply chain.
Many big companies have already adopted the blockchain for better development of their businesses. Another benefit that makes Ethereum top the list of the best alternatives to Bitcoin is its ability to create smart contracts.
What's your opinion?
I agree with the advantages of the Ethereum platform that you mentioned above, but behind the advantages, of course there are weaknesses, including slow network confirmation if transactions are busy and gas costs are high. Hopefully with Ethereum 2.0 advanced, all that can be overcome.
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Yes, ETH is no doubt that this coin is very potential. This is the second-largest coin based on the market capitalization and is the second most important digital currency ever developed. I have no doubt investing in Ethereum for the long term and daily trading. In these two years, we have yet to see the price of Ethereum Bull, but I am sure we will see Ethereum back in Bull. So many companies are profiting from Ethereum development.
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Hello topic creator, you are right because Ethereum is the 2nd favourite coin in the crypto market. It always called the alternative backup cryptocurrency of bitcoin. Most of the countries in the world directly or indirectly familiar with Ethereum and bitcoin. It would be queen of bitcoin.
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Yes ethereum is queen of the cryptomarket ethereum is dominating the altcoins section ethereum has lot of advantages than other altcoins also ethereum smart contract technology is a good advantage of this platform thus more than thousand projects are using this technology and this coin giving lot of opportunities to earn profits in different ways .
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I believe your words and information. You are right, I agree with you. The queen of all cryptocurrency currencies is ethereum. Its position in the crypto world is very important. The ethereum wallet address plays a key role in controlling new tokens. There is no doubt that bitcoin is the best option. I know it very well. Am I an expert on this? Did you know about creating new tokens?
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Well seems like it does really the second largest coin in the market next to Bitcoin. No doubt about that! Ethereum build a strong fundamental and a very attractive platform in the crypto space. The smart contract really boost the network to stand until today as the second crypto currency in the entire crypto space.
But let us not close doors because there were few project that stand to rival ethereum. Few projects that just need a little push in order to grab the second spot and withstand with ethereum. Who could say, few years from now, another coin could overtake ethereum or even BTC in the cryptoworld.
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Many people might not want to agree with this, if we consider the influence and speed that the litecoin platform has got as well in this crypto currency space, and the fact that it is very similar to bitcoin. For me etherum remains the best amongst altcoins; easy to use, available for all either newbie or professional. and equally cheap fees everywhere.
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I select alternative to bitcoin, Ethereum is only alternative candidate. Most of the ieo and ico projects handling with Ethereum platform.