Ethereum Update by Vitalik Buterin

Ether cryptocurrency three months has risen by 1200%!
Since the beginning of the year showed a phenomenal rise in the Ether cryptocurrency Ethereum platform.
Bitcoins have appeared strong competitor?
One of the relatively new platform cryptocurrency Ether
Ethereum three months in 2016 in the value added
about 1200% (growth in January-March with 0,002 BTC to 0,026 BTC),
and the market capitalization ($ 882 million) came on the 2nd place after the Bitcoin ($ 6.5 bn)
significantly ahead of the Ripple ($ 273 million) and Litecoin ($ 148 million), writes today «Geektimes.ru».

Rise undoubtedly phenomenal. What are its fundamental causes?
According to the newspaper analyst, Ethereum success was predictable.
Recently Ethereum attracted the interest of such giants as:
JPMorgan Chase, Microsoft and IBM. They see this as an enhanced platform
Bitcoin version, original Bitcoin 2.0.

Experts believe that the Ethereum success is also explained, including,
technical difficulties in processing Bitcoin transactions and division within the Bitcoin community,
which is why some investors and businesses prefer to seek alternative cryptocurrency for their projects.
Ether is ideally approached for the role.