Why the rise of this cryptomoneda created by Vitalik Buterin just a few years ago?
The e-currency era was opened by Bitcoin in 2009. Thanks to this and a value that is usually above $ 2,000, Bitcoin has become the electronic currency par excellence, the one that everyone thinks when simply Pronounced the word criptomoneda. However, the grass of the Cryptomoneda is not only a thing of one, but rather is a very broad terrain in which there is room for different projects. And the one that has been drawing the most attention in recent months is the ethereum.
As defined by the newspaper El Confidencial a few days ago, ethereum is currently the currency of fashion. To confirm this impression, you only have to go to the quotations of the last months. In them, we will see that the ethereum entered the year 2017 with a value less than 10 US dollars. By mid-March its price was already around $ 50. It touched the 100, for the first time, between April and May, and, as early as June, the ethereum was worth more than 300 dollars per unit. On July 23, the price of the ethereum had been set at around US $ 227.
What, then, is the rise of this cryptomoneda created by Vitalik Buterin just a few years ago? Well, first you would have to start with its technology, which for many is more advanced than that of Bitcoin himself. Basically, ethereum has a much faster technology when it comes to creating new currency units and is much more complete, although it still misses some of the security offered by the crypto-virus par excellence to all its customers. Therefore, and for some other factors that we will comment on below, the ethereum is not yet in a position to compete directly with Bitcoin. Although, if you solve these factors in a short space of time, we can start talking about direct competition.
Poor security
One of the main problems facing the ethereum is, as we said, a certain feeling of insecurity. A few days ago, it was announced a theft of this type of cryptodivisa valued at about 32 million euros, in addition to rumor that other thefts had occurred to a value almost four times superior to this one. In fact, these facts only add to the doubts about one of the aspects that less security transmits from the whole process of the ethereums: their security.
And this, after all, is a real problem, since before entering the world of crypto-currencies, the public will need to be very clear that it is a very safe space and in which nothing will happen to your money . If not, neither ethereum nor bitcoin nor any other electronic currency can conquer the big market and become direct competition from traditional currencies.
Are we living an electronic currency bubble?
This would not be the first time in human history, nor the last, in which a product lives a spectacular boom before it collapses completely. Normally, after this type of events only the strongest and settled ones stay in liza. Therefore, one wonders if the ethereum is one of the crypto-currencies that will survive in case the bubble is confirmed and punctured. For now, everyone would say that, if any survived, bitcoin would survive.
In addition, it is worth mentioning that the idea of the cryptomoneda bubble is not just a rumor, but influential voices within the computer world and investments have already commented on more than one occasion. So much so that the last to mention the term has been the own co-founder of ethereum, Charles Hoskinson, who claimed that these types of currencies were "a time bomb", and that people were blinding with "quick and easy money ".
If even Hoskinson himself affirms it, there is no doubt that we must keep one eye (and part of the other) on the world of crypto-currencies. And it is more than clear that, in the short term, does not seem to be the ethereum the new currency that will dominate the world.
Fuente: http://www.elboletin.com
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