Is it worth investing in the Etherium in 2018? This is the main question of the person who saw the growth of the value of the Ethereum crypto currency in 2017. For those who do not know, the cost of one ETH in early 2017 was 8.5 dollars, and by the end of the year, this cost was about $ 700 apiece.The future of the Ether depends on the speed of development of its competitors, such as Cardano, and the success of the startups already started on its platform.
But, in comparison with bitcoin and other altcoyins, Ether has one advantage. Demand for it is constantly supported, thanks to a number of ICOs selling their tokens based on the ERC20 protocol, which can only be purchased for the Ether.
Some companies have already launched their earlier versions of projects on the Etherium platform. At the moment, as a platform for projects Etherium is beyond competition. Perhaps NEO or Waves will catch up with him. But this takes time.
Nobody is going to catch up with Ethereum - the network has the majority of programmers and coders either directly on the network via the Ethereum Foundation and related project partners or indirectly on the network through ICOs launched over the past few years.
That is to say: it simply has more programmers and coders than everyone else.
Currently, the Ethereum Foundation has to re-establish its authority and governance credentials in the crypto-currency marketplace by stamping out the unauthorized and hostile launch of ASIC mining hardware.
The one fact, all investors, and miners have known for the last 2-3 years is that the Ethereum Foundation is in charge!
Now that authority and governance is being openly challenged by ASIC manufacturers - who are more or less saying they are in charge of Ethereum through controlling the supply of mining hardware.
The Ethereum Foundation needs to re-prove its authority and governance, by pushing the ASICs manufacturer off the network and re-proving to investors and miners they are in charge.
What the ASIC manufacturers have planned to take control of Ethereum, is to sell ASICs to miners for payments in Ethereum, then the ASIC manufacturers will dump this Ethereum and produce faster ASICs. They will rinse and repeat this until the Ethereum Foundation surrenders its authority and governance to the ASIC manufacturers in return for an end to the ASIC manufacturers dumping of Ethereum into the exchanges.
I, personally, would prefer the ongoing authority and governance of Ethereum Foundation over the network, then the authority and governance of ASIC manufacturers.