No wonder the demand for cryptocurrency is at an all-time high. We get to see the vast implementation of cryptocurrency these days. All this throws light on how currencies like Ethereum, Bitcoin, Litecoin, etc. would transform the future as far as blockchain and crypto applications are concerned.
No second thoughts about the fact that Bitcoin is the most actively traded cryptocurrency of all. Ever since the blockchain and cryptocurrencies became part of the financial markets conversation, Bitcoin has been a market leader. Along the same lines, Ethereum has rapidly moved up in terms of crypto valuation and other applications that are developed on this blockchain. Ether is following the same path as well. Today, a common scenario to observe is – the attention and focus laid on ether and Ethereum.
No doubt, Bitcoin has been a record-setter for its wide implementation. The prediction is that Ether and Ethereum could lead to the next stage of blockchain implementation. How true could this be? The talk of the town now is – which protocols and cryptocurrencies are going to lead in the future by taking the sector forward. Let us have a look at what the future holds as far as blockchain and cryptocurrencies are concerned.
Let’s now talk about the competition between Bitcoin and ether and how will the future look for both of them. This is nothing but talking about ecosystem versus a specific crypto asset. Coming to a conclusion as to which of the two is a better alternative is not at all easy. Both of them cater to the requirements in their own unique way. It is too early to conclude as to which among them surpasses the other.
The kind of applications that come up in the days ahead would decide which of the two serves to be a better platform. Let that be left for the future. Today, what we can do at the maximum is to make the best out of them and take advantage of their innovation and creativity.