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Is Ethereum About To Topple Bitcoin?

cointelegraph.com / Iyke Aru / 2016-03-09 12:26 PM

Currently ranked next to Bitcoin in price, Ethereum is a cryptocurrency that challenges BitcoinCT r:  8.

Several altcoins have come and gone, a lot of others are still in existence. Bitcoin however still remains the most popular and most valued cryptocurrency.

Recent challenges have emerged within the Bitcoin blockchain that has seen the efficiency of transaction drop by some reasonable ratio. The concern for users of Bitcoin may not be limited to the drop in efficiency, but to the protocol involved in resolving the ongoing challenges as developers seek a consensus.

EthereumCT r:  26 which utilizes a different protocol, has performed impressively and become very popular among the other cryptocurrencies.

It has several attractive attributes and growing awareness within the crypto-ecosystem. But can it de-throne Bitcoin?

Block size changing mechanism

Roman Mandeleil, CEO & Founder at responded:

“Time will tell, and I think we are on the right track.”

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