Kitco News reported that bitcoin is the fictitious currency founder, the first name in the virtual currency market, but the Bloomberg Intelligence report predicts that in 1818 bitcoin may make the virtual currency a brother throne, reduced to a blank. A case can be traced. From the main virtual currency of the 'MVIS CryptoCompare Digital Assets 10' index (see Figure 1), bitcoin was the worst performing in 2017, less than other emerging virtual currencies until the upsurge of fever and bitcoin The fate may be as the Internet pioneer Netscape, AOL.
Both Netscape and AOL have been extremely successful in the days of Dakkan, but after that they have lost their race to competition and gradually dwindle.
The report pointed out that bitcoin technology is lagging behind, is no longer the best representative of the virtual currency, a new generation of virtual currency faster and better performance.Experts are most optimistic about the etheric currency, the foreseeable 2018 ether is most likely to obtain the leading position, Faster transaction history. Ether and Bitcoin are like Google and Netscape, with Google defeating Netscape with great technology.
In addition to Ether, the report also optimizes Ripple and Litecoin, all of which are among the top five virtual currencies.Reported that Ripple may grow faster than bitcoin, Ripple does not rely on the block refining, but the use of The network of nodes formed by banks and financial institutions is fast and secure, with low costs and is considered an excellent way to send money. Litecoin is the same, with the advantages of fast transactions and cheaper fees.
Coindesk quotes show that at 8:19 am Taipei time on the 26th, bitcoin rose 1.16% to $ 14,079.04.
In the end, what is the future of Ethereum? Ethereum behind the attention of Ethereum, with its potential to create an internationally shared 'world computer', is expected to create a better online world.
Mic Motherboard reported that both bitcoin and ether are virtual currencies based on block refinement. The virtual currency and block refining are different things, and the block is refined like an open ledger so that people everywhere can see without it Abridged transaction record.Virtual currency is a programmable digital money, Nakamoto made bitcoin block refinement to facilitate the global public without the third-party certification, will be able to use each other to send bitcoin. For Bitcoin service, narrow usage.
Many find the potential for block refining not just that, but Vitalik Buterin developed Ethereum block refining at the age of 19 for use in smart contracts. Ethereum technology requires payment, and ether is used The token of payment, that is, the ether is in the service of Ethereum and the relationship is the opposite of bitcoin.