Cryptocurrency

Ethereum: Everything You Need To Know | Ethereum Facts (Cryptocurrency)

Ethereum: Everything You Need To Know | Ethereum Facts (Cryptocurrency)
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Ethereum is a decentralized, open-source blockchain featuring smart contract functionality. Ether is the native cryptocurrency of the platform. It is the second-largest cryptocurrency by market capitalization, after Bitcoin. Ethereum is the most actively used blockchain.

Ethereum, like any other cryptocurrency, has seen a lot of ups and downs but has failed to reach the $1000 mark since Jan 2018. However, the all-time high of ETH is $1400, which was back in 2017. Analysts are optimistic that Ethereum will outperform Bitcoin in 2021. This venture capitalist and blockchain investor sees a bright, long-term future for Ethereum and estimates the asset could someday be worth as much as $9,000 per ETH token. While, Bitcoin works better as a peer-to-peer transaction system, and Ethereum works well when you need to create and build distributed applications and smart contracts. The choice is entirely up to you to choose a winner between Bitcoin vs. Ethereum.

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