If you are a Bitcoin investor who got in early, you have probably earned you fair share from the rise of the cryptocurrency, despite its latest falls. Bitcoin has been rising and Ethereum has been doing the same in 2017 – but when we compare things, it is evident that Bitcoin stole the show with a greater market cap and more popularity.
However, according to some experts, that may change over the next period. As people say, the door is wide open for blockchains that use smart contracts (just like Ethereum) and the potential is massive. Platforms like Ethereum are an operating system for decentralized finance and commerce.
A great way to compare Bitcoin and Ethereum is to think of the first as a DOS and of the latter as a Windows or Mac OS. As geeks, we all grew up on DOS – however, it is the Windows and Mac ecosystems that allowed us to create applications and profit from them.
Just like that, the Internet was born in 2000, even though there was DOS before that. In comparison with that, Ethereum could be ‘born’ in 2018 and rise massively, with thousands of new companies sprouting up with highly innovative business models and bleeding edge compliance with regulation.
Ethereum has also been a virtual currency largely embraced by developers and startups – and one that offers a lot more possibilities for growth in that field. This kind of innovation and rapid improvement is why the future is bright for Ethereum.
On top of that, Ethereum has showed as more stable digital currency in the long run, putting Bitcoin in the shadow when it comes to stability.
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With that, Ethereum has shown a dedication to innovation at all costs and effectiveness that leaves no doubt that it will be the main platform for blockchain application development for years to come.
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