The Ethereum will soon displace competitors. The prophecy of the research Department Binance

The Ethereum project is the number one to create a cryptocurrency. Its ecosystem provides everyone with the opportunity to register properties in their own coins with the use of smart contracts. However, according to experts of the research Department Binance, the Ethereum can be pushed back from its place in the industry on other projects.

Tonight, ETH is trading at 188 dollars. For the past day the price of the cryptocurrency fell by 3.24 percent.

Who will take the place of Ethereum?

In 2017, the stock market was booming crowdfunding campaigns ICO on the basis of Ethereum. So as to buy new tokens, investors can only through the Air, the cost Aldona has increased tenfold in just a few months. In 2018 the hype over ICO came to naught, and the rate of ETH rapidly went downhill.

In Binance Research believe that the project Vitalik Buterin will never regain its former popularity. All because of scalability issues of the Ethereum blockchain. In other words, cryptocurrency has a relatively low throughput — or the number of transactions and the fee for them in ETH steadily rising. This opinion he Buterin. We will remind, recently he said that the Ethereum blockchain “stoned”.

By the way, today resource ETH Gas Station recommends to pay 2.1 Gwei for translation as a standard of prices, and on Tuesday the rate was 1.3 Gwei. Meanwhile, the base Commission is 1 Gwei.

Source: ETH Gas Station

According to analysts, one of the main rivals of Aether is Tron. This Aldon provides a good platform for creators of games on the blockchain. More than 80 percent of all decentralized applications on the Tron is designed for gambling games and online casinos. For comparison: on the Ethereum blockchain for gaming applications account for only 33 percent.

Image source — Bitcoinist

By the way, a huge number of tokens based on the Ethereum blockchain can not be considered Aldona a clear advantage over their competitors.

Read on: the true value of Bitcoin on the market is 90 percent, not 70. Why?

In Binance Research note that most of these coins have absolutely no value. Token can be create by anyone, so their diversity can be written off from the accounts when reviewing the benefits of Ethereum.

Not without advertising experts did not miss the opportunity to compare the potential of Ethereum and a private blockchain Chain Binance. Who would have thought, but Binance Chain was supposedly better than Air according to some indicators. In the face of obvious promotion of their own product, so the study should be treated with great scepticism.

Recall, don’t let third-party resources to fully form your opinion. The Ethereum still took second place in the rankings capitalization of cryptocurrencies, and while there’s no obvious reason to believe that the project will offset one of its competitors. Even more interesting are looking for in our cryptodata millionaires!


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