Ethereum Prepared for Mass Adoption?
This cryptocurrency designed by Vitalik Buterin presents several aspects that could lead, in the long term, to its mass adoption by the general public, happening to occupy along with Bitcoin the front of the crypto assets market.
The massive leap in Ether's price in the past few months has captured the attention of many investors. However, many of them are still wondering if this cryptocurrency has the viability to be adopted by the masses. Some common arguments are, for example, that Ethereum can process about 20 transactions per second, while Visa manages to handle about 24,000 . Another argument is the difficulty for someone with no technical background to set up a wallet . Those are good ones, however, there are also some facts that may indicate that Ethereum is preparing to advance to a mass adoption.
We can mention some of the elements that are linked to the arguments already mentioned:
-Mainstream Applications
-The flippening
-Proof of Investment (PoS)
-Ethereum Business Alliance
All these reasons converge to accentuate the expectations on their better adaptation to the massive world markets. Technical elements such as improvements in protocols, others of a strategic nature such as alliances, but all aimed at giving importance to this virtual asset.
Although the future of Ethereum remains uncertain, many indicators show that its core technology is moving in the right direction.
Free translation and interpretation of the original source made by Alex Díaz @humoalex.
Original content sources:
http://www.diariobitcoin.com/index.php/2017/07/10/se-prepara-ethereum-para-la-adopcion-masiva/ (spanish)
https://cointelegraph.com/news/is-ethereum-getting-ready-for-mass-adoption (English)
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