Ethereum has been ethereum vs bitcoin by a lot of volatility in recent times. Why is it that we need to start paying attention to it? And why is it set to overtake bitcoin by 2018?
In this guide we will answer these questions and more. History of Ethereum We need to start in the beginning. The infographic below traces the history of Ethereum and identifies the key events that lead it to emerge as one of the most important cryptocurrencies. Starting in 2013, the infrastructure started to be built that would allow this new coin to pose a major threat to the main ‘rival’: bitcoin. Ethereum is set to overtake bitcoin by 2018.
How Ethereum is Set to Overtake Bitcoin in 2018 In order to understand how ethereum is set to overtake bitcoin we will introduce key ethereum concepts first. Once this is done we will address the core issue of concern in this guide: why we think ethereum will be the most important cryptocurrency in 2018. Ethereum’ a term that often works the tongue while pronouncing it. But yet, it is a word that we must become accustomed to in the new found world of blockchain technology. By definition, Ethereum is a decentralized platform that runs smart contracts.