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    Home»Ethereum»10 Reasons Why You Should Invest in Ethereum
    Ethereum

    10 Reasons Why You Should Invest in Ethereum

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    Due to the fact that the value of Ethereum has increased significantly over the past 12 months, and will continue to do so in the coming years, it’s important that you understand what you are investing in, before you put your money into an asset like this. A lot of people don’t realize exactly what Ethereum is, or why it has experienced such explosive growth in such a short amount of time, so we’ve created this guide with 10 reasons why you should invest in Ethereum. We hope it helps!

    Table of Contents

    • 1) Ethereum is still undervalued
    • 2) The technology behind Ethereum is sound
    • 3) Ethereum has a strong community
    • 4) The Enterprise Ethereum Alliance
    • 5) Decentralized applications
    • 6) Smart contracts
    • 7) Scalability
    • 8) Security
    • 9) Privacy
    • 10) The potential for global adoption

    1) Ethereum is still undervalued

    Ethereum is still undervalued, and many people are not even aware of it. If you compare the market cap of Bitcoin with that of Ethereum, you will find that there is a huge difference. As we speak, Bitcoin’s market cap is somewhere around $42 billion while Ethereum’s market cap hovers around $4 billion. This means that for every one unit of Bitcoin there are about 5 units of Ether.

    2) The technology behind Ethereum is sound

    Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine which can execute scripts using an international network of public nodes. The Ethereum blockchain is a shared public ledger that records transactions between two parties efficiently and in a verifiable and permanent way.

    3) Ethereum has a strong community

    Ethereum has a strong community of developers and investors, which is important for an open source project. The Ethereum Foundation is a Swiss non-profit organization that helps to develop the core infrastructure of the decentralized application platform. In order to use their services, you need ETH, which makes it easy for users to invest in the platform and make profit. There are many ways to get ETH: through mining, trading on exchanges, or acquiring them from someone directly if they already have some.

    4) The Enterprise Ethereum Alliance

    The Enterprise Ethereum Alliance is a non-profit alliance that connects Fortune 500 enterprises, startups, academics and technology vendors with experts from the Ethereum community to define enterprise-grade software capable of handling the most complex, highly demanding applications. The EEA’s research and development is focused on privacy, confidentiality, scalability and security.

    5) Decentralized applications

    Decentralized applications, or dApps, are applications that are run by a network of computers rather than one centralized server. This means that the application will not go down if the company behind it goes out of business. The decentralized nature also means that there is no single point of failure because if one computer fails, the others continue to operate. Blockchain technology and cryptocurrencies make this type of application possible.

    6) Smart contracts

    Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.

    7) Scalability

    The scalability of the platform is a factor to be considered. Scalability is the measure of how quickly the blocks can be added to the blockchain and the rate at which new transactions can be verified. For example, Bitcoin has an average block time of 10 minutes, while Ethereum has an average block time of 17 seconds. Bitcoin also has a maximum limit on transaction verification with a hard cap on 1 MB per block, which limits its ability to process more than 3-4 transactions per second.

    8) Security

    Ethereum has a number of security features that offer peace of mind. The Ethereum Virtual Machine (EVM) and the Turing-complete Solidity programming language have built-in checks to prevent mistakes that could compromise the system. The EVM is also designed to be safe against quantum computer attacks, which are not yet a practical threat but should be accounted for now while we still have time.

    9) Privacy

    Ethereum is a decentralized, open-source, public blockchain-based distributed computing platform that supports smart contracts and enables developers to build and deploy decentralized applications. It also provides a cryptocurrency token called ether which can be transferred between participants, stored in a cryptocurrency wallet and is used to compensate participant nodes for computations performed.

    10) The potential for global adoption

    Ethereum is an open-source platform that allows for the creation of decentralized applications. This means if something was created on the Ethereum platform and you had a key, you could access it from anywhere in the world.
    The potential for global adoption is huge because Ethereum can be used to create applications that can serve any industry or country in the world.

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