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How Ethereum Could Become the World's Most Valuable Cryptocurrency

Written by:
Guest
Published on:
Apr/29/2018

While Ethereum is not yet universally accepted at online gambling websites, that could soon change and there are indications Ethereum could soon rival bitcoin as the most valuable currency on the market.  SCROLL DOWN

“Ethereum has the possibility to overtake the market capitalisation, and thus value, of bitcoin,”  Hubert Olszewski, director of business development at Blockchain Board of Derivatives, tells The Independent. “This is because from the get-go it was a more versatile tool.”

While litecoin and bitcoin cash have aimed to improve transaction times and lower costs, ethereum is looking at a far more ambitious approach.

“Bitcoin is a virtual currency, but also a store of value similar to gold. It’s limited to this function by its own design,” says Alessandra Sollberger, an early investor in bitcoin who has since diversified her cryptocurrency portfolio to include ethereum.

“That’s different with ethereum. Beyond being a virtual currency, it’s been designed as a software platform that enables applications such as smart contracts – which are self-executing, secure contracts – to be built and to run without the need of a third party.”

READ MORE AT THE INDEPENDENT

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