All times are UTC

Post new topic  Reply to topic  [ 2 posts ] 
Author Message
PostPosted: Wed Oct 25, 2017 6:52 am 

Joined: Wed Sep 13, 2017 7:04 am
Posts: 8
What could increase the price of Ethereum?

PostPosted: Wed Oct 25, 2017 6:56 am 

Joined: Thu Aug 10, 2017 6:25 am
Posts: 13
There are many things that are responsible for the rapid increase value of Ethereum and will continue to do so in the near future. Some of such factors are mentioned below –

1. Proof of Stake (PoS)
At present, supply of Ether is 93 Million coins. Many times, Vitalik Buterin has said that Ether’s total supply will not surpass 100 Million if Proof of Stake is integrated correctly. In case, Ethereum moves to PoS, then there will be fall in rate of Ether. Therefore, this simply means Ether creation will be less and reduce its total supply. In addition, when PoS is activated, Ethereum traders or investors can use stakes in order to check other transactions made on the network and accordingly they will receive block rewards.

2. Raiden Network
Today, Ethereum network is just limited to 20 transactions/sec. And this is double as compared to Bitcoin’s capacity. Raiden Network of Ethereum aims to solve the problem of using Ethereum as payment form. The developers of Ethereum are making off-chain solution for making Ethereum payments so that one day the network can easily manage above 1,000,000 transactions/sec. In addition, this will also decrease the transaction cost and make Ethereum micro-transactions a reality.

Display posts from previous:  Sort by  
Post new topic  Reply to topic  [ 2 posts ] 

All times are UTC

Who is online

Users browsing this forum: No registered users and 1 guest

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  

Copyright © 2017 All rights Reserved, Hashgains.