Featured

Vitalik Buterin: We need Breakout $17K for Ethereum! ETH Huge Event News!



Published
More info:
#Ethereum #Eth #Cryptocurrency

Vitaly Dmitriyevich "Vitalik" Buterin (Russian: Виталий Дмитриевич Бутерин; born 31 January 1994) is a Russian-Canadian programmer and writer who is best known as one of the co-founders of Ethereum. Buterin became involved with cryptocurrency early in its inception, co-founding Bitcoin Magazine in 2011. In 2014, Buterin launched Ethereum with Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin.

What is Ethereum?
Ethereum is a decentralized computing platform. You can think of it like a laptop or PC, but it doesn't run on a single device. Instead, it simultaneously runs on thousands of machines around the world, meaning that it has no owner.

Ethereum, like Bitcoin and other cryptocurrencies, allows you to transfer digital money. However, it’s capable of a lot more – you can deploy your own code, and interact with applications created by other users. Because it’s so flexible, all sorts of sophisticated programs can be launched on Ethereum.
Simply put, the main idea behind Ethereum is that developers can create and launch code which runs across a distributed network instead of existing on a centralized server. This means that, in theory, these applications can’t be shut down or censored.

The price of Ethereum will change in future is impossible to know for certain, but experts and investors have still made predictions.

According to a panel of 42 cryptocurrency experts by comparison site Finder, Ethereum could be worth $4,596 by the end of 2021.

It could then soar above $10,000 later on to hit $22,500 by the end of 2022 and $71,763 by the end of 2025.

However, some experts are even more optimistic and Vitalik Buterin, sees Ethereum topping $17,500 by this December.

Daniel Polotsky, founder of CoinFlip, a bitcoin ATM operator, added: "Ethereum's price largely follows Bitcoin's halving cycles, although that relationship may begin to decouple as time goes on, and as Ethereum continues to develop use cases that Bitcoin cannot achieve.

"Then, its price may grow at a faster rate than Bitcoin's."
Category
Cryptocurrencies
Be the first to comment