JoeKonek

<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjK1lqY8omSNb9tY8slu12OQmBYp0FamSfWlVHIrY18f1L10VbSrR-aDGkC8BRrBbQNVCNh5dB6PmNIggrWywM5DRAObzLYeMRLPp2lmUm3AUXkBGiAyeZPgCXmlZh4ZsjRjjNBN8Q8LAw/s730/The-ridiculously-high-cost-of-Gas-on-Ethereum.jpg" style="margin-left: 1em; margin-right: 1em;"><img border="0" data-original-height="360" data-original-width="730" height="216" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjK1lqY8omSNb9tY8slu12OQmBYp0FamSfWlVHIrY18f1L10VbSrR-aDGkC8BRrBbQNVCNh5dB6PmNIggrWywM5DRAObzLYeMRLPp2lmUm3AUXkBGiAyeZPgCXmlZh4ZsjRjjNBN8Q8LAw/w464-h216/The-ridiculously-high-cost-of-Gas-on-Ethereum.jpg" width="464" /></a></div> <div class="separator" style="clear: both; text-align: center;"> </div><h3 style="text-align: left;"></h3><h3 style="line-height: normal; text-align: left;">“Ethereum Is Going To The Moon”, a
common phrase used by Crypto Enthusiast whenever a coin is skyrocketing with
phenomenal growth.</h3>

Cryptocurrency is considered the bad
boy of the financial world as it always contradicts the very essence &
foundation of a financial currency.<o:p></o:p>

If you are currently an Ethereum
investor and want to find out what the future holds? Or you are just new to
this Ethereum hype and thinking of purchasing these assets, well, you’re on the
right page as I’m going to unveil the future of Ethereum<o:p></o:p>

The hype of positivity surrounding
cryptocurrencies and Ethereum potential is so high, many are left
wondering, will Ethereum rise like Bitcoin? And how high can the price of
Ethereum go?” This price prediction guide of Ethereum will help you see a clearer
picture of the expected growth and the predicted value of Ethereum over the
years.<o:p></o:p>

However, to unveil the future of
Ethereum you need to dig the past as it contains clues of what will the future
holds for Ethereum.<o:p></o:p>

Digging the Past of Ethereum

There has been a lot of development
made by Ethereum in the past years that greatly affects its future.<o:p></o:p>

The future of Ethereum wasn’t always
so bright. The infamous DAO Hack sent $55 million of Ether (ETH) into hacker’s
hands in 2016. Bitcoin cash and Dogecoin, 
a rash of bitcoin clones, made Ethereum look like yet another shiny ornament
in a massive cryptocurrency market.<o:p></o:p>

The strong foundation helps Ethereum
quickly recovered from its downfall.  As
part of damage control, Ethereum community decided to roll back successfully its
blockchain to undo the damage. It regained its number 2 position by 2018.<o:p></o:p>

In 2018 there were three concepts
made in efforts to establish a strong future for Ethereum.<o:p></o:p>

According to Coindesk reports, <o:p></o:p>

the three concepts were – the difficulty
bomb, ether issuance, and ASIC resistance – since each could
have a lasting impact on how the blockchain operates. For instance, these code
proposals could alter the regularity of Ethereum upgrades, change the network’s
economic policy and prevent specialized hardware from mining on the blockchain.<o:p></o:p>

As Ethereum enters the middle age of
its evolution, the year 2019, a pivotal period for Ethereum in terms of
development achievements. At the same time the growing popularity of its
market-reigning decentralized applications, or ĐApps.<o:p></o:p>

In the later part of 2020, a change
that will totally affect Ethereum’s growth, the highly-anticipated rollout of
Ethereum 2.0.<o:p></o:p>

The first phase of the planned
upgrade will allow Ether holders to stake ETH, the enactment of Ethereum’s
shift to Proof-of-Stake (PoS) consensus. By securing ETH in the blockchain in
exchange for block reward payments, ETH stakers can benefit through the annual
yield that greatly helps improve ETH’s economic bandwidth.<o:p></o:p>

The network upgrade from
Proof-of-Work to Proof-of-Stake helps make Ethereum scale and run faster with
less computing power.<o:p></o:p>

The Present and Future of Ethereum
Combined

Indeed, Ethereum holds advantages in
several technological aspects over its rival bitcoin and altcoin. Firstly, it’s
a platform that acts more than a coin; it’s more like a contract than a
coin. <o:p></o:p>

Secondly, the speed of transactions,
while rival bitcoin takes about 15 minutes to complete a transaction,
Ethereum will do the same in under 15 seconds.<o:p></o:p>

Finally, unlimited supply chain -
theoretically, unlike bitcoin’s 21-million-coin cap. That means Ethereum won’t
run into a mining “wall” and run out of coins to reward miners.<o:p></o:p>

The present of Ethereum, the year
2021, year of blockchain and crypto alike. However, like other
cryptocurrencies, Ethereum is as volatile as a moody teenager. Make no mistake.
 <o:p></o:p>

Ethereum also tried to magnify stock
market gains. Gaining more fiscal stimulus on the way also means higher
stock valuations. Cryptocurrencies will naturally follow.<o:p></o:p>

As of April 2021, the value of 1
Ether (ETH) is $2,127.38 USD and still soaring, it has an increase of 286% in
just 4 months.<o:p></o:p>

The sky is now the limit it seems as
Ethereum has already claimed a new all-time high in 2021. There is still a risk
of a double top pattern if a severe correction happens at current levels, but a
breakout higher is due any day.<o:p></o:p>

After setting all-time high records,
Analysts are expecting Ethereum price to double now; however, the height of the
previous base structure is targeting a 1300% rise from the point of breakout.
That would take Ethereum's price to as high as $22,000 per ETH.<o:p></o:p>

Continuing the roadmap the fractal
presents would take Ethereum to another bear market come 2023 and begin to
break out starting in 2025 into a new bull market once again; however,
following along with Bitcoin’s trajectory isn’t all positive for Ethereum.<o:p></o:p>

In short, don’t miss this boat. If
the broader cryptocurrency market has a good 2021, you can be sure that
ethereum will have an even better one.<o:p></o:p>

We should never forget that Ethereum
predictions are like any other’s opinion that is yet to happen.<o:p></o:p>

To sum it all, the Ethereum
blockchain is a very good project that will continue to dominate the smart
contract sector as progress continues to swipe the market. Indeed, 2021 will be
a very interesting year, so I would advise you to keep checking for Ethereum
news updates on their development progress.<o:p></o:p>

What's Next For Etherium?

“Ethereum Is Going To The Moon”, a common phrase used by Crypto Enthusiast whenever a coin is skyrocketing with phenomenal growth. Cryptoc...

What's Next For Etherium?

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