Top Reasons Why Ethereum Will Continue Ruling The CryptoSpace In 2018

in #ethereum7 years ago

The Ethereum Blockchain network is an amazing platform that allows you to create your own DApps(Decentralized Apps), Smart Contracts and cryptocurrencies. Currently, Ethereum has more than $57 billion market capital and there are approximately 100 million ETH in circulation at the moment.

 
 

Reasons Why Ethereum Will Rule

 
 

First Mover

Ethereum has a well developed ecosystem for Smart Contracts, DApps and new cryptocurrencies. It has a number of competitors but none of them are as powerful or as popular as Ethereum when it comes to Smart Contracts. Every week, a large number of Ethereum based ICOs are released and Ethereum is only getting more popular and powerful day by day.

 

Enterprise Ethereum Alliance

Enterprise interest is another major factor why Ethereum will continue to rule. A number of big enterprises like Microsoft, Accenture, JP Morgan, etc. actively participate in the EEA forums. Ethereum is capable of supporting enterprise-grade applications that can handle complex tasks and put the business logic on the decentralized Ethereum blockchain.

 

World Class Scientists, Economists & Developers Behind Ethereum

Talented people like Vitalik Buterin, Joseph Lubin, Vlad Zamfir are among the leaders of the Ethereum ecosystem.

 
 

Let me know if you think differently or have something to add. I didn't know too much about the Ethereum network. Ever since I have come to realize the power of the ecosystem and the impact it is going to have on the world in the near future, I am truly mesmerized by Ethereum.