Vitalik Buterin : Ethereum Hits Record High. We are expecting ETH to $10,000 in the end 2021. News

Ethereum 2.0, ETH2, has been 6 months away for soon 5 years. And now when I think it will *actually happen*, it’s completely misunderstood.

I don’t think the BIG MOVE in ETH price will wait for ETH2 next year.

It can happen now. This week we had a hugely important break-out on the Ethereum chart. And don’t laugh now but $10,000 could be conservative.

It’s not the ETH2 Merge that will improve Ethereum scalability, tps, or fee structure, contrary to what everyone thinks.

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.

Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.

The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.

Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.
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