Bitcoin might have been the first crypto currency on the scene however this doesn’t mean that it needs to be seen as the unsurpassable number 1. Lots of people hold Bitcoin due to the fact that it was first and totally ignore its inherent flaws such as transaction fees and times. Make way for Ethereum!
Ethereum, as many already know, was the brainchild of Vitalik Bucherin the irreverent Russian genius and came in to existence on the 30th of July 2015. This makes the currency a relative newcomer to the crypto-sphere.
This post is not going to cover the failure of the DAO project which caused the creation of 2 blockchains (Ethereum Classic being the other). We are simply going to talk about why Ethereum is going to surpass Bitcoin soon.
While Bitcoin is a simple means to transact (and store value depending on which side of the argument you are one), Ethereum incorporates smart contract functionality which allows for online agreements between the distributed computing platform. Herein lies the key. The Ethereum platform runs on Ether which is the coin in question, and this works as a fuel to power the network, pay for fees and to pay for services. Users are therefore able to interact directly with the infrastructure and are made to feel a part of the bigger picture as opposed to simple a holder of the asset.
Ethereum goes even further than this and is the go-to coin for sub-coin holders whose projects run on Ethereum.
