Ethereum in November 2018

A drop but less than anticipated?

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Main differences Ethereum vs Ethereum Classic.

We heard of Ethereum 2.0, the Casper upgrade (Ethereum’s upcoming proof-of-stake (PoS) algorithm) and the positive addition of sharding. Which shall be implemented 2019 onwards according to Ethereum’s leaders. Vitalik Buterin spoke about the future of Ethereum scaling during the TechCrunch Sessions Blockchain event in Switzerland’s “crypto valley”. He said further that the demand for using public blockchains is high and we need to up the stability in order to meet that demand. The system’s final upgradation called Serenity, the preparation began immediately right after the launch of the ETH network. Serenity, the Ethereum 2.0 will trigger 1000x time increase in scalability of the blockchain. The roadmap was divided into five major parts, with Byzantium and Constantinople being part of one phase called Metropolis, which is mentioned in the Ethereum roadmap for 2019. This might be one of the biggest achievements ETH has had, hence it might go high above the ladder in 2019.

Ethereum still seeks to hold up the flame of inocation..

People keep holding Bitcoins?

Ethereum, bitcoin and how to creat wealth

What is Ethereum (ETH)?:

Ethereum, introduced by Vitalik Buterin has drawn a lot of attention from the crypto enthusiasts, for securing the second position with the largest market capitalization. Ethereum, as a platform, enables dozens of cryptocurrencies to exist, without having to build their own blockchain technology. Ethereum enables developers to build smart contracts, that automatically execute tasks when certain stated conditions are met.

Ethereum has two main functions: keeping things running smoothly by compensating the mining nodes and pay people under smart contracts platform.

Initial Coin Offering using the Ethereum blockchain are seeing as one of the main catalysts for sending Ether's price surge last year. Now they are being blamed for its decline. With the cryptocurrency market capitalization dropping to about $200 billion from a high of over $800 billion in January this year, on concern about tightening regulation and slow adoption.

Recently, there was a minor downside correction from the $216 swing high in ETH price against the US Dollar. ETH without doubt will recover as any one else. There was a decent bounce and the price broke the $212 and $215 resistance level.

Ethereum Community.

Ethereum has a good and strong community in fundamental to bring the price back up. The price can be reach to $1,000+ in the future. Because this coin working with smart contracts that will increase the demand, plus the founder Vitalik Buterin who wis the drive behind further development of Ethereum, a good fit for the blockchain community.

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