Topic: Ethereum now processing more transactions than all cryptocurrencies combined (Read 718 times)
April 09, 2018, 06:37:50 AM
It is because Ethereum is used by most ICOs to distribute tokens to their holders. What I wanna see is that Ethereum can now be used to convert straight to fiat currency instead of just relying on BTC alone. Coins.ph, a cryptocurrency wallet in the Philippines, has enabled Ethereum to fiat currency conversion. Another project, Dether, is also having the same project concept.
April 09, 2018, 06:36:01 AM
The increasing number of transaction processing from ethereum is supported by the number of new coins using the platform from ethereum so I am not surprised if the ethereum transaction process could exceed the bitcoin. However, this increased transaction process can lead to advantages and disadvantages. In terms of excess may be many investors who will glance at ethereum but in terms of its shortcomings is a lot of new coin project that is not running, causing losses for people who invest in the new coins. Different if all the new coins using the platform from ethereum run successfully then I believe ethereum can be a substitute for bitcoin.
April 09, 2018, 06:26:19 AM
This is nice and it means ethereum is in good state and it will help in building our faith on ethereum and also other major cryptocurrencies that used ethereum as in doing business.
April 09, 2018, 05:53:20 AM
Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
This is exactly how much of an impact Ethereum has created with its smart contract bound standard Ethereum tokens. A good chunk of all the ICO projects make use of Ethereum platform for creation, distribution and transactions through the ERC-20 standards. This has obviously seen a massive uprise in the number of transaction as everything happens within the platform.
April 09, 2018, 05:51:09 AM
Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
Do you know the reason because of this ? This is because many of the new tokens rely on ETh for that purpose. And do you think that all these tokes will even survive for 2-3 years. If we still see this as a good opportunity, I do not see this being reflected in terms of price growth of ETH.
Also, since bitcoin prices had dropped from $20000 to $7000, this is the time for its to pick up. When we start seeing bull run, all these stats will change in just one month.
April 09, 2018, 05:46:54 AM
Yes happy to see these stats.Ethereum is the coin that I love most. It has good future because it can contribute much to the blockchain infrastructure.
Etheruem can process more quickly than it's rivals. They poured billion of dollars for thier ecosystem, that's why there are many projects. Investors also used as long term investment.
April 09, 2018, 05:37:30 AM
That's pretty neat, there is a lot of transactions inside of all of crypto...are you sure that information is correct?
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You can check all data on onchainfx site
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You can check all data on onchainfx site
January 14, 2018, 11:44:42 AM
Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
That's pretty neat, there is a lot of transactions inside of all of crypto...are you sure that information is correct?Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
January 07, 2018, 02:56:26 AM
Keep your Ether in the wallet, 2018 will be a lot of fun and we'll hear a lot of good news like this in the early future... This is just a beginning, just watch out some fake and scam ICOs are trying to ruin this show, as Ether community we just need to clean up these scams and protect investors precious ETHs to keep this coin much more safer than ever!
I'm really glad that after 1.5 months we're alright, keep going like this not just the price, the community, the security and the credibility of Ethereum is increasing!
November 27, 2017, 02:03:10 PM
It didn't surprise me at all since ETH is now going up very quick and more investors are getting interested in buying it. Actually ETH is has a very quick confirmations time and this may also contributed to its processing more transaction than ever, as compare to bitcoin which is slow and the fees are high.
Love to see ETH price go up again and the renewed interest on this coin. Smart contracts, faster transactions are some of its advantage against bitcoin so its just a matter of time before casual people or investors will give ETH a chance to challenge bitcoin once again.
Love to see ETH price go up again and the renewed interest on this coin. Smart contracts, faster transactions are some of its advantage against bitcoin so its just a matter of time before casual people or investors will give ETH a chance to challenge bitcoin once again.
November 27, 2017, 02:00:01 PM
Ethereum was the first cryptocurrency in which I invested and I was impressed how fast and easy is to send money.I thing it has very bright future.
November 27, 2017, 01:41:44 PM
Right you are, and I will not be surprised very much than in a year or a bit more its capitalization will be equal to capitalization of Bitcoin. This cryptocurrency and platform will surprise many of us soon!
November 27, 2017, 11:32:16 AM
Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.
Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
It could be a very challenging part of ETH, since it is the major base form of all created coins unlike bitcoin that mostly directly on ETH. And we observed that a lot of coins created almost everyday and it goes directly to ETH. But I know ETH is getting stronger and it can really made this, that's why it's price today in the market goes high as it increase the demand by the community.Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.
More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.
More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined
November 27, 2017, 11:17:46 AM
Now i know why Ethereum is being pumped these days,ETH will surely can get into the $1000 ATH in 2018.
November 27, 2017, 11:14:51 AM
for example me as a user I prefer ETH to BTC. Fast than BTC and lower fee. BTC sometimes needs a loong time to being transfered
I'm too. that's why i was using the ethereum transaction rather than bitcoin transaction. At the same time ethereum provides zero technology to secure our privacy. But this transaction combined by all of the assets in the ethereum network. Privacy could be taken care of with for example zk-SNARKs.
https://cointelegraph.com/news/vitalik-lays-out-ethereum-20-roadmap-in-taiwan
But I don't know yet when it will be activated.
November 26, 2017, 05:35:26 PM
for example me as a user I prefer ETH to BTC. Fast than BTC and lower fee. BTC sometimes needs a loong time to being transfered
I'm too. that's why i was using the ethereum transaction rather than bitcoin transaction. At the same time ethereum provides zero technology to secure our privacy. But this transaction combined by all of the assets in the ethereum network. November 26, 2017, 05:16:05 PM
for example me as a user I prefer ETH to BTC. Fast than BTC and lower fee. BTC sometimes needs a loong time to being transfered
I'm too. that's why i was using the ethereum transaction rather than bitcoin transaction. At the same time ethereum provides zero technology to secure our privacy. But this transaction combined by all of the assets in the ethereum network. November 26, 2017, 05:12:57 PM
Most people use BTC for store of value and don't care about the fees anymore
November 26, 2017, 05:04:42 PM
for example me as a user I prefer ETH to BTC. Fast than BTC and lower fee. BTC sometimes needs a loong time to being transfered
November 26, 2017, 04:55:39 PM
Ethereum is a good workhorse, if more than half of all conducted transactions are conducted in it. It is understandable. Ethereum is necessary everywhere, because it is based on 91 percent of all ICOs. And commission fees for transactions with tokens are conducted only in the etherium. It is no accident, probably, that in recent days it has been growing very well in price, approaching the $ 500 course.
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