Timeline Until $2000 ETH

rjackowens (39)in #ethereum • 7 years ago (edited)

Article Overview:

Raiden network -
The introduction of the Raiden Network protocol could theoretically increase network transaction speed from the current rate of 20 transactions per second to over 1,000,000.
ETH becomes easier to acquire and spend -
ETH is progressively becoming easier to purchase by the general purchase. Additional exchanges are being created every month and users actively spending tokens instead of holding them will increase the value of the network.
Zk-SNARKs Protocol -
Developers from Zcash and Ethereum are collaborating on a project known as zk-SNARKs. This protocol increases the privacy behind ETH dramatically.
ICOs become preferred method of funding -
ETH has become the method of choice for startups to fund ICOs. ICOs have become more and prevalent as the crypto-space matures.
EEA members switch from private chain to public chain -
Large companies involved in the EEA may eventually switch from private blockchains utilizing ETH to a public chain. This switch is a remnant of the past switch from intranets to the internet.
Proof of Stake (PoS) -
The move to PoS with ETH Casper will halt future mining capability and therefore dramatically increase the value per each coin. Using cached ETH stake will likely attract investors seeking passive income.