Why I am a true believer in Ethereum

in #block5 years ago

Market Crash

So its very clear, the crypto market has crashed. just like any new technology, there was the innovation, hype, everyone went crazy.People who wanted to make money already did. This is all dejavu isn't , we have seen it in 2000. Now the block chain is very valid more than ever.

Whats the Future Holds

For folks who wish a new crypto rally, it isnt coming any time soon. For all those 1000s of coins and block chain, most are destined to fail. The only innovation here is true decentralized network trying to solve real world problems including store of value, quick transaction and security. I think there are only few block chain thats truly public,Ethereum is one among them.
Further crypto growth will happen only with widely adopted killer application, for that we have to solve the scalability issue of a true public block chain like ethereum. The sooner that happens, we will have recovery.
Now steemit is a great concept but far from a true decentralized content publishing system.Hopefully we all work together to accomplish that or else some body else will innovate this space and will become the winner

https://www.bankingtech.com/2018/11/what-does-the-future-look-like-for-cryptocurrency/

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I think a killer app should have a very friendly interface that even my mother can use it.

Posted using Partiko Android

I am not an ETH fan. In the other opions I agree with you. Real World Use Cases are im important. Scalibility will happen, because a lot of people think about and are working on that.

But I also think, Blockchain is not the right thing for all kind of applications. Many people think, Blockchain is the holy grail and solves failures in today's infrastructures and IT networks.

Ethereum is getting cheaper so it's a good time to buy more.

Posted using Partiko Android

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