Will Ethereum Replace Bitcoin In The Future?

Ethereum never had the intention to have a value like bitcoin, but investors invested anyway spotting the opportunity.
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If we talk about the growth of Ethereum this past year, we can surely see that it has grown to more than 4000%while bitcoin has grown about 600%.

What differs Ethereum from Bitcoin is the new technology behind it. Ethereum operates on a ledger technology which is a decentralized type of database.

Moreover, Ethereum has the potential to provide basic operating systems for the next generation of the decentralized Internet and also has the potential to become a publicly used entity that easily makes contact between customers.

Ethereum wants to work as a “ World Computer” where the servers and clouds are replaced with ‘nodes’. It seems to be that Ethereum has an incredible 5 times as many nodes compared to bitcoin, which really means that people use their computers to support it.

It is definitely possible that Ethereum could overtake Bitcoin one day, taking into consideration that Bitcoin is being so often debated, while Ethereum just works silently in the background. However, Bitcoin’s price still remains way bigger than the one of Ethereum placing the market cap at about 280$ billion compared to the 44$ million of Ethereum.

I recommend that you read more about this topic here:

https://dcforecasts.com/ethereum-potential-overtake-bitcoin/

Image Credit: Descryptive.com