Ethereum is Better: With a total market capitalization around 25B, ETH is the second top most cryptocurrency in the market. But do you know Ether or ETH coin is better than Bitcoin cryptocurrency!
Actually, there is so many technological and practical advancement of Ethereum over Bitcoin. Hence Ethereum is better in all ways. But you don’t believe in this just check the fact and decide for yourself.
How Ethereum Is Better Than Bitcoin Cryptocurrency?
1. Ethereum Has Advance and Fast Blockchain
Blockchain of Eth coin is faster than Bitcoin. Ethereum 1.0 can support 30 transactions every second. While Bitcoin blockchain can only provide 5 transactions each second.
So, if you want to do any online payment then ETH is faster than Bitcoin. Your money will be transferred faster without any hassle. As per the latest news from the Ethereum industry new Ethereum 2.0 will be able to handle almost 100,000 transactions per second. Which is very fast as per the current technology system.
2. Low Price High Returns
The price of Ethereum is low compared to the Bitcoin price. The current price of ETH is 120000INR while the BTC price is near about 2000000INR. The low price will attract more trader and higher trading volume which generate higher revenue.
People can make more with ETH compared to Bitcoin trading. For trading Ban Bitcoin you need almost 20 lakh rupees. While you can trade with 20 ETH with the same amount.
3. Platforms for DApps
Ethereum fast technology can be used in practical life. This is being used in building blockchain-based applications and other mobile-optimized software. People will use these applications for multiple purposes like online payment, shopping, using Google service, etc.
Very soon people will see an online payment wallet with a cryptocurrency payment feature. They will be able to pay fees by tickets and purchasing food from the restaurant. This will increase the true usability of any coin in the market.
4. ETH Has Higher Demand
Because of the large number of online traders and smartphone users, ETH has huge demand in the market. This demand is increasing day by day as people are knowing about its potential benefit.
There are almost 7.5 billion people in the world and only 10% are aware of cryptocurrency. Once the whole world and its people will become aware of cryptocurrency time Ethereum will be the topmost currency in the world.
Future of Ether
Ether coin is becoming more practical by its advanced use in daily life and daily need. Soon we will start using it for online shopping and purchasing goods and services offline in the retail stores.
Display boost it demand in Crypto market. This will surge the ETH price on peak point. I am waiting for that day when it will turn$100,000.
Ethereum blockchain takes 12 seconds to mine a new block.
Bitcoin blockchain takes 10 minute to mine a new block. Reason behind this is the highest difficulty and higher feed.