Home / Ethereum / Ethereum [ETH] maintains its strong position after the scare of XRP; users await Ethereum 2.0 -AMBCrypto

Ethereum [ETH] maintains its strong position after the scare of XRP; users await Ethereum 2.0 -AMBCrypto



Ethereum [ETH] he fought hard in the cryptocurrency market trying to prevent XRP from taking over his position as a second-rank cryptocurrency in the rankings. Just recently, XRP has detected Ethereum to become the cryptocurrency with the second market capitalization in the rankings, after which ETH has regained its dominance.

Ethereum also recently reported when Glen Weyl, Principal Researcher, Political Economy and Social Technology at Microsoft Research in New York spoke about the blockchain of Ethereum and its co-founder Vitalik Buteruin. He has declared:

"It seems to me that likewise, the" case of use "of @ethereum is less a particular technical issue and more than offers a vision of the future that can save us from returning to the years" the next time we we hit a recession, I wonder what you think about @VitalikButerin. "

Vitalik Buterin was not someone to avoid the use of the Ethereum network, saying that Ethereum 2.0 will be 1000 times more scalable than its predecessor. The co-founder of Ethereum released the latest version of Ethereum called "Serenity" and stated that it is aimed at being safer. Buterin also said that Serenity will be able to perform a multitude of operations while consuming very little energy. He added:

"Serenity is the world's computer as it is, and not a 1999 smartphone capable of processing only 20 transactions per second."

Vitalik Buterin had also talked about the update of Ethereum 2.0, calling it a marked step forward compared to the already established network. He said:

"It's a combination of a lot of different features we've talked about over the last few years, we're actively researching, building, and now, finally, getting everyone together."


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Akash Anand


Engineering graduate, cryptic and arsenal fan. He is fascinated by technology and all its wonders. Strictly against the pineapple on the pizza.



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