[Ecks]

Even as Bitcoin hits its all-time high, it has waned people's interest in other cryptocurrency, especially Ethereum. But what makes Ethereum popular among some?
Despite its recent appreciation in value, as a technology, Bitcoin has stagnated over the last three years. Two rival factions have emerged with violently opposing views on what should be done to allow the Bitcoin network to handle more transactions than it can right now. While Bitcoin has been paralysed by indecision, Ethereum has raced ahead with technology that not only does everything Bitcoin can do faster, in higher volume, and at lower cost -- it does a lot more besides. Bitcoin is really only useful as a store of value. Even then, its usefulness for actually transacting value is limited. In a world where people are used to online payments being confirmed instantly, Bitcoin transactions can take anywhere from tens of minutes to several hours, depending on how busy the network is. It's also expensive, especially if you're only sending small amounts. The average transaction currently costs about $1.50. Ethereum, on the other hand, was never intended as a Bitcoin competitor. Ethereum is actually a platform for new kinds of decentralized (often financial) applications (dApps) that run on a peer-to-peer network of computers. These dApps are designed to disintermediate the kinds of relationships and transactions for which we have traditionally required things like banks, public registries, and the legal system. For technologists, this is exciting stuff, and a vibrant community of software developers has enthusiastically embraced it. Hundreds of projects, startups, and companies at every scale, including the likes of Intel, Microsoft, and Samsung, are building software using Ethereum.

Read More : https://venturebeat.com/2017/06/11/why-e...g-bitcoin/

[Bish0pQ]

This was a very nice read. I certainly think that ethereum will be rising a lot more than it does now. It's interesting to see what's behind it all.

[mothered]

It's been almost 2 years since Ethereum's official release (as opposed to Bitcoin back In 2009), and already It's showing great potential.

We'll see how It holds up In the long term.

[DigitalJinx]

I remember an article about Putin supporting Ethereum.

[ElevatorToHeaven]

I completely agree! ETH is only a few years old and already is valued at 100 dollars opposed to BTC which was only a few cents. Although, BTC paved the way for ETH and other currencies, i believe ETH has the potentiel to keep growing!