Is mass adoption of Ethereum nearby?

With the big leap of Ethereum ( ETH ) in recent months, investor sentiment has increased. However, many of them are still questioning whether this crypto-daemon is feasible for adoption by the general population.There are common arguments for such queries, for example ETH is currently able to process about 20 transactions per second while Visa is able to handle more than 24,000 per second. Another argument is the fact that it is a challenge For someone with little technical experience to create an Ether wallet .The arguments are logical and valid. But, there are also some facts that may indicate that the second currency with the highest marketcap is actually moving towards the adoption of the general population.

Common applications

The bitcoin came as a major driver of Blockchain technology. After that, several criptomoedas appeared and the one that obtained more success was the one created by Vitalik Buterin and Gavin Wood.Since the beginning of 2017, the digital currency space has seen a mass craze of COs . Almost daily, there is a company somewhere in the world that is issuing a token to collect enough capital and start developing your idea. Active investors in the late 1990s will see many similarities between this and the dot-com bubble that burst in 2001.The current abundance in the space of ICOs brings good parts, one of them is the possibility of several startups  with Great projects, which would never receive funding through traditional forms, are now creating millions in just seconds . Of course not all will succeed in the long run. However, some of them will survive and play an important role in the popular adoption of Blockchain Ethereum.There are many projects to be seen such as Status, True Flip and ICONOMI that have recently had successful ICOs. The certainty is that conventional utility applications will come. And at this rate of many ICOs, it probably will not be long.

The Flippening

Most fans Of ETH predict that in the future, the market limit of Ether will exceed Bitcoin. This event is called "The flippening" and can be followed by sites like flippening.watch .If the event actually occurs, it is likely to have a positive impact on adopting Ether as the conventional payment method. At present, even with great disclosure, few people know that crypto-coins exist, let alone have a true knowledge of what Bitcoin is, and only a fraction have heard of Ethereum.With a chart comparison in Google Trends, We can see that the volume of research is twice as large for Bitcoin as for Ethereum. As the BTC is the largest crypto-currency per marketcap, many new investors consider the investment more reasonable.The main news they once wrote about Bitcoin will inevitably publish something along the lines "Ether has become the world's largest crypto-currency. Forgive me Bitcoin. " This would likely trigger a tide of investors who suddenly became interested in ETH, which would be the key to mass adoption.Looking at the other side, it is also important to note that the Ethereum marketplace currently stands at $ 25 billion, While Bitcoin has $ 42 billion. We conclude that if nothing unexpected happens, failure is only an illusion.

The "stake proof" (PoS)

Verifications of transactions in the Ethereum network are done through the Proof-of-Work protocol ("proof of work" or PoW ).Individuals who are called "miners" make use of the enormous computing power to solve complex cryptographic calculations of the Ethereum network. Whenever they solve a problem, they are rewarded with the digital currency.However, this system is not a long-term solution. There is a high consumption of electricity, Can not protect the network from a 51% attack and has the amount of transactions that can be verified per second is limited.The ETH developers work hard to implement the new protocol provided at the beginning of 2018. This protocol is called Proof-of-Stake ( "stake race" or PoS ) and, once implemented, each holder of cryptocurrency can use their participation To verify the transactions.It is not yet known what annual return investors can receive as a reward, Speculation is in the range of five to ten percent. This return would make ETH very interesting for investors looking for dividend-paying assets.The fact that the network will be able to handle more transactions and the aspect quoted above, makes the success of the change to the PoS, become an important step in large-scale adoption.

The companies of the Ethereum Alliance

There is the Enterprise Ethereum Alliance ( EEA ) that connects Fortune 500 companies, a list of the largest With ETH experts. Some of these notable members of the alliance are Microsoft, JP Morgan, Credit Suisse and Intel.The purpose of the EEA is to solve the problems of large companies using the Ethereum Blockchain and the ETH token. They discover new applications for the platform on a monthly basis. The Alliance has been very discreet with its achievements so far, but for the next few months, there are expectations for changing game announcements.Even though the future of Ethereum is still uncertain, several indicators show that its core technology is moving in the right direction.