The Future is Ethereum (or Cardano, or EOS, or...)

Hold on tight because it is going to get interesting. Everybody has heard of Bitcoin, but the likes of Ethereum has not become a household name. However, it will be soon.

First of all, what is Ethereum? Though it uses blockchain technology, it is different from the grand daddy of them all, Bitcoin. Bitcoin, according to Satoshi Nakamoto, is a peer-to-peer cash system (even though many are claiming it to now be a store of value). While Ethereum, founded by Vitalik Buterin, does include cryptocurrency in the form of ethers, its overall purpose is different. Ethereum runs the programming code of decentralized applications (i.e. DAPPS). Basically, these apps are built on top of Ethereum. So, instead of building apps to Google Play or the Apple Store, developers can build DAPPS using Ethereum coding language. They are codes made up on the blockchain network. Still confused? Simply put, these DAPPS are not controlled by anybody, not Google, not Apple, not the government.

Time will tell how useful this technology will become. Maybe someday everything will be built on Ethereum or other blockchain technologies. Ethereum does have some competition, like Cardano and EOS. Cardano is a project created by scientists, including Charles Hoskinson, one of the founders of Ethereum. Cardano claims that it is fixing some of the scaling problems (and other problems) Ethereum has faced. These problems are more difficult for Ethereum to fix since they have been around for a longer time and already have DAPPS built on top. Cardano also claims they will be able to resist the quantum threat in the future. In other words, cryptocurrencies have been quite secure on the blockchain, but quantum computers could be a threat in the future. One other project worth mentioning is EOS. The founder, Dan Larimer, is another genius. He already created BitShares, Steemit (the website you are reading right now), and now EOS. EOS claims it will be able to scale better than Ethereum.

There you have it: Ethereum, Cardano, and EOS (and many more). Who will win?

Not only I would, but I have, put my money on all three. I have already made a lot of money on my investments (with all three), but I expect to make a lot more.

What do you think? Which project seems like the most promising to you? Or, do you believe projects like NEO, QTUM, IOTA, NEM, or something else will come out on top?