Very used by companies, the Ether is a considerable success. It appears as a potential competitor of the Bitcon, historical leader of the cryptocurrency market.
While the Bitcoin has recently reached a new record , above the 3000 dollars. Another cryptocurrency shows even more impressive performances. So much that Ether, developed on the blockchain “Ethereum”, appears as a competitor potential of Bitcoin in a market that has quadrupled in two months.
Exchange of the bitcoin in dollar
The value of the Ether has been multiplied by more than fifty since the beginning of the year (+5000%) to just over 400 dollars per unit. Its overall valuation today is 36 billion dollars (32.2 billion euros). For comparison, the overall capitalization of Bitcoin, whose value has more than doubled since January 1, is 49 billion dollars . The reasons for this success are quite simple. The designers of the Ether, launched in 2015, succeeded in seducing companies, when the Bitcoin has especially attracted individuals. The virtual currency developed by Vitalik Buterin is fast and economical. Ether is a flux currency. It allows payment in seconds, while the mining methods of Bitcoin, more used to accumulate stocks, allow transactions only per minute. The Ether has also positioned itself on all transactions, while the transaction Bitcoin costs on average two dollars. Moreover, unlike the Bitcoins, the number of Ether is not limited. Indeed, it’s one of the points between the two communities.
The rise of Ether is also due to the “smart contracts”. Because in addition to being a cryptocurrency, Ether is a way to finance applications. Ethereum is a blockchain on which users can build and finance projects in all types of areas, from banking to insurance, health and energy.
Concretely, the creators of an “App” can sell “tokens”, that’s to say digital investment, to finance projects. The “tokens” are emitted easily, by the deployment of a smart contract. The tokens of Ethereum have been talking a lot about them for a few months with the widespread use of underwriting appeals, which are growing in popularity. The Ether has never been so close to the Bitcoin.
:) and tell me what do you think about it?
