Price Ethereum can reach $2000
When the air will reach $2000, most likely, the market capitalization will be approximately $188 billion, Despite the fact that this is significantly higher than today (eightfold increase), it remains relatively small when compared with the market capitalization of a company like Facebook, 492 billion. +
Cointelegraph is trying to perform, what events must happen to the Air reach this mark.
Network Raiden
Currently, the Ethereum network is limited to about 20 transactions per second. It is twice more, than Bitcoin. However, if we look at a future where Ethereum is used as a daily form of payment, this is not enough.
Network Raiden seeks to solve this problem. The designers create over-the-counter payment solution Ethereum, which depends linearly on the number of participants. In future the network will be able to process more than 1,000,000 transactions per second.
In addition, it will reduce transaction costs by seven orders of magnitude, making these micro-transactions on the Ethereum reality.
Etherium becomes easier to buy and spend
Now there are about 60 active cryptocurrency exchangers. This number is growing every month, as digital assets become more attractive. However, the average American is not satisfied with limits on buying and selling and trading charts. +
So must be a new alternatives that will allow the crowd to purchase the air. Companies such as Dether, working on platforms that allow stakeholders to acquire air directly in cash. It is definitely a big step in the right direction.
On 8.08.17 market capitalization of all cryptocurrencies is about $117 billion — a historical high of kryptonyte. However, most of the owners of currencies such as Ether and Bitcoin do not actively spend your coins; they use them as investments.
To see the Broadcast at $2000, more people should start using it as a method of payment, and more vendors should start taking it. This will prove that Etherium is a viable medium of exchange.
Zk-SNARKs
The members of the group research and development of Ethereum and zcash for cooperating in a research project on privacy in the Blockchain.
Integration of technology Zk-SNARK in Ethereum is a key milestone. This will completely anonymize transactions and specific components of smart contracts. This would make Ethereum is ready to use in scenarios that we can't even imagine.
Zk-SNARK is a cryptographic tool underlying the zcash for. It proves that you have done the computation for some input data without revealing the data. In zcash for this evidence is used to verify transactions user privacy.
Moreover, zk-SNARKи will reduce the cost of verification of complex smart contracts! Due to the fact that this evidence is so small, and you can check them very quickly, they allow to ensure the integrity of the computing burden on the parties that do not participate in calculations.
The privacy Protocol can be used in the presidential elections or auctions. After zk-SNARKs is fully integrated, the results of the election or the auction can be verified by any observer of the Blockchain, but individual voices or applications are not disclosed.
ICO became the preferred method of financing, and there are strict rules. Still more than $ 1 billion has been invested in the ICO on the part of investors from around the world. This is a very impressive figure given the fact that this method of financing was virtually nonexistent prior to launching Ethereum in 2015.
Most of the startups that have ICO, produce markers based on Ethereum. Thus, it was one of the most important catalysts of growth in early 2017. ICO turned out to be an extremely effective method of financing, allowing the hundreds of startups to collect enough money to begin operations.
The SEC and the monetary authority of Singapore found that some of the tokens sold through krausel, are in fact, securities and must comply with their relevant rules. Despite this, the majority of ICO still issue the tokens, which most authorities declare illegal.
When this grey area is resolved, Etherium will probably see a lot of new money, and more investors will begin to participate in sales of tokens.
Members of the EEA are switching from private network to public network.
Ethereum Enterprise Alliance (Alliance, specializing in the development of the technology of the blockchain Ethereum), brings together companies with experts Ethereum. Some well - known members of the Alliance- Microsoft, JP Morgan, Credit Suisse, and Intel. The purpose of EEA is solving the problems of large corporations that use Ethereum blockchain and token Broadcast.
So far most of the integration that these companies have built work in private networks. However, private network do not interact directly with the Ethereum network and therefore do not use Ether.
It is fair to assume that, just as there was a mass transition from the Intranet to the Internet, once the technology is ready, there could be a transition from private networks to public networks. +
This will significantly increase the daily transactions in the Ethereum network.
Our team collects funds for the ICO Fund care and support for the rights of freedom in Russia. If You liked the article, You can support us.
Wallets for Bitcoin donations 1MuYcoyMSwnG51EPssKas8hQx9PpKJ22sc
ether - 0x31e7e1967f188a842c4416d69aa37c36f563811b
Thank you!
Hello to all love steemit friends. Now we became the 2017 followers. Thanks you all the Steemit members very much. In the same way we will continue to work
Steemit members are welcome.
We think alike! Upvoted!
I just nailed a call on CVC that netted 78% in days! My analysis is free and have made many profitable calls. Check it out here: https://steemit.com/bitcoin/@haejin/cvc-kaboom-up-78-what-a-call
Great post
I also invite you to upvote and resteem this great post
https://steemit.com/conquest/@greatdavison/it-is-not-the-government-it-is-you
I have upvote and resteem, do it for mee too. thank you
i am upvoted and reply your post plz visit me
upvoted,reply,follow and resteem when you work in steemit thanks alot,
my id = https://steemit.com/@pranashroy
upvote my posts too
The sky is the limit here... Ethereum is the preferred blockchain technology for Microsoft and other corporations . . .
https://steemit.com/interview/@elednika/today-is-your-interview-dress-to-impress-201784t144422925z
Upvote me too
follow you
Very good post. I was about to start a similair discussion. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Do you know this interesting site? https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Check for example: https://www.coincheckup.com/coins/Ethereum#analysis To see the: Ethereum Investment and research analysis.