Topic: Ethereum now processing more transactions than all cryptocurrencies combined (Read 711 times)
April 09, 2018, 07:37:50 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, 07:36:01 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, 07:26:19 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, 06:53:20 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, 06:51:09 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, 06:46:54 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, 06:37:30 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, 12:44:42 PM
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, 03:56:26 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, 03:03:10 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, 03:00:01 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, 02:41:44 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, 12:32:16 PM
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, 12:17:46 PM
Now i know why Ethereum is being pumped these days,ETH will surely can get into the $1000 ATH in 2018.
November 27, 2017, 12:14:51 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. 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, 06:35:26 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, 06:16:05 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, 06:12:57 PM
Most people use BTC for store of value and don't care about the fees anymore
November 26, 2017, 06:04:42 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, 05:55:39 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.
November 26, 2017, 05:04:58 PM
Except bitcoin is mooning today
November 25, 2017, 07:15:29 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
overtaken is allowed in crypto with all this bitcoin tx fee and taking ages before confirmation i wouldn't mind if etherum becomes No1 coin in the market. 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 25, 2017, 05:39:39 AM
I buy btc with spectrocoin , exchange btc/eth then withdraw eth , fees 0.0001- 0.001 eth.
A lot of peoples use eth because of low fees and fast transactions.
A lot of peoples use eth because of low fees and fast transactions.
November 25, 2017, 05:35:37 AM
I think the reason behind is the increase in demand of Ethereum and this demand is because of many ICO's are launching their tokens using Ethereum blockchain. and this Rise in transaction processing has resulted significant gains in Ethereum price. Ethereum market cap has also increased. Trust of people has increased in Ethreum. Ethereum will surely make huge rise in 2018.
November 25, 2017, 05:29:12 AM
Yes it is doing this stuff. I am surprised how fast its capitalization is increasing and how rapidly Ethereum is growing. However, it is still November, but I bet we will be surprised by the news about ETH in the beginning of winter 2017-18.
November 23, 2017, 09:26:41 AM
This is great news for holders of air. It shows interest in the coin. Now the price came to the turn of $ 400 has been kept in the area 394. BUT I think that after the launch of CASper we will see a significant increase air.
But despite that pain of the ether to account for more than just a transaction, and while bitshare the fastest cryptocurrency. But that doesn't mean they will fly up BITCOIN an Old man sits on the throne and no it won't.
But despite that pain of the ether to account for more than just a transaction, and while bitshare the fastest cryptocurrency. But that doesn't mean they will fly up BITCOIN an Old man sits on the throne and no it won't.
November 23, 2017, 09:07:56 AM
It just hit $400 lol
November 22, 2017, 11:53:44 PM
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.
November 22, 2017, 10:58:23 PM
This is great news. Ethereum will rise. Many new icos are using the ethereum platform. It is stable and provides faster transactions. Considering there are a lot of new icos and many people are buying alts nowadays, it goes to show that ethereum will be used even more.
November 22, 2017, 10:48:39 PM
If that is the case, then Ethereum is really something. Although it is still on second rank to bitcoin, Ethereum is the one that is mostly used in ICOs, and ICOs now is becoming more of a rising star. And I must say that Ethereum transactions is much faster.
November 22, 2017, 10:32:49 PM
I believe in it powerful and the bright future. Only reason that bitcoin price is greater than Ethereum maybe his founder Vitalik not hidden as Shatoshi did with Bitcoin haha
November 22, 2017, 10:31:16 PM
I have never heard of this, transactions over ethereum is high because most of the new ico are running on top of ethereum network and hundreds of tokens which are tradin across different platforms are also eth based. When someone transfer those tokens for trading or when someone invest in new ico all these transactions goes through eth network which is not the case for other altcoins or bitcoin. This can be the real reason behind this....
November 22, 2017, 10:28:10 PM
Ethereum has consistently perform in terms of fast transactions. This performance is making bitcoin look like second currency. Ethereum potential is huge. 2018 is going to be great for ethereum.
November 22, 2017, 10:14:30 PM
Does that count the ERC tokens riding on their blockchain? There are now 14,000+ ERC20 token contracts... I still can’t understand how Ethereum transactions have remained quick and cheap with all those ERC20 on their network....
November 22, 2017, 08:53:06 PM
Ethereum had really got some great potential, but still undervalued.
If there's any Crypto that can stand up to Bitcoin, I think ethereum is the best bet for that.
If there's any Crypto that can stand up to Bitcoin, I think ethereum is the best bet for that.
November 22, 2017, 08:17:19 PM
Well its a good news to the other altcoins that is ERC20 etherium based tokens. They will now pump despite the bitcoin price rises. If this will continue until 2018 , i think etherium will definitely be successor of bitcoin . Within the years of etherium its stat rise rapidly in the past few months.
November 22, 2017, 08:09:23 PM
Ethereum transaction I'd very fast that makes it better than any others.
November 22, 2017, 07:57:12 PM
The price of Ethereum has been stagnating for a few months. The usual explanation is that Ether is cashed out for fiat after the end of an ICO. But is that really how the price is determined?
November 22, 2017, 07:55:08 PM
I guess, İt's starting to make the Ethereum show, I think, Ethereum's time to come. I am very happy because I have been fully confident Ethereum and invested in Ethereum. I estimate that next year about the price of Ethereum will rise satisfactorily. Hodl.
November 22, 2017, 06:45:11 PM
I still can not understand why Bitcoin's price is higher than Ethereum. I think the biggest reason for this is news and people talk Bitcoin a lot. Soon Ethereum will pass Bitcoin.
November 22, 2017, 06:32:24 PM
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!
November 22, 2017, 06:30:43 PM
They are being huge at the moment, i dont know why ethereum price is still so low, i mean, they can even be more than $500 at the moment, because a lot of people are now using ethereum because it is really easy to send money using this one.
I sent an ethereum payment yesterday, and it was incredible because it received more than six confirmations in just three minutes, it was the most fastest transaction that i have ever seen, compared to bitcoin that you need to wait more than 10 hours to receive six confirmations if you paid a low fee for that..
I sent an ethereum payment yesterday, and it was incredible because it received more than six confirmations in just three minutes, it was the most fastest transaction that i have ever seen, compared to bitcoin that you need to wait more than 10 hours to receive six confirmations if you paid a low fee for that..
November 22, 2017, 06:16:29 PM
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
Really really great news, How all of the erc20 token on the ethereum get big pump right now. that makes the network of the ethereum becomes more active than the bitcoin or another chain.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
My guess that there will be more coin and that makes the transaction in the ethereum will grow.
November 22, 2017, 06:08:15 PM
No wonder the price has been going up lately, seems to me like caught the attention of some people because of the fast transactions. But according to http://www.blocktivity.info/, STEEM is way faster than Ethereum, with over 770k transactions in the last 24 hours, so i think that website is a bit biased towards ETH. Nevertheless, great news for ETH.
November 22, 2017, 05:09:27 PM
Damn. That is truly something else. I always knew that this coin would perform well, but did not expect this news. Majority of the ethereum transactions are obviously due to the new tokens being created everyday on a regular basis. This is both a good thing and a bad thing. The good thing is that this will instill more confidence in investors looking to invest into Ethereum. The bad thing is that so many scammy coins are being created everyday to scam users which needs to be resolved asap.
November 22, 2017, 04:16:21 PM
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
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