March 18, 2020 -

Ethereum: What the next four years will look like


If you’re an investor wanting to invest in Ethereum (albeit you’re an Ethereum investor already) and would like to determine what Ethereum’s long run holds, then this article is for you. Ethereum has been rising in quality since its origin in leaps and strides and has provided several worthwhile ventures for thousands of Ethereum investors across the globe. However, wherever did Ethereum come to form? What was it like back then? To check the longer term of Ethereum, namely in the following four years, we should take a look at its past and origin first.

Ethereum, for those who are unaccustomed to its construct, first started as the 1st general-purpose Blockchain platform within the world. The Ethereum platform had been launched back on July 30, 2015, and featured the Turing-complete native programming that was created to execute and supply codes for even the foremost and sophisticated algorithms.

The idea was to create the web into an online system that was inconceivable to be monopolized by any entity, therefore being protective of the control and management of data and creative rights that would be secured truly within the hands of the site’s owners and authors.

Today, unlike Bitcoin, Ethereum is a “virtual machine” protected by a Blockchain network. Ethereum is overtly accessed by the general public, who can incorporate applications and various cryptocurrency into its system. 

In an Ethereum Blockchain, rather than mining for Bitcoin, miners earn Ether; a sort of cryptocurrency token that fuels the network, by accomplishing work or task-related activities given by employers.

With that said, during the current year, we’d prefer to recognize what would happen next. 

Eric Conner, founding the father of the knowledge website, ETHHUB, and product researcher at Blockchain startup Gnosis, has this to say. During a statement, he said that in 4 roughly additional years, Ethereum would finally move past the harder elements of its bold path that dealt principally with proof-of-stake and scaling goals. He conjointly said that Ethereum’s network was going to be ready to attract and cater to additional users, which can to positively grow past statistics we know currently and will be published into a package they call Ethereum 2.0.

Marketing and Growth Lead at an Ethereum-based startup referred to as Set Protocol, Anthony Sassano believed that Ethereum would reach its unreal ‘world computer’ goal within the future, mainly after Ethereum 2.0 has launched. 

Ethereum’s future as money

Ethereum’s future as money

As we have mentioned earlier, Ethereum is fueled by its cryptocurrency called Ether. However, Ethereium is not precisely thought of a currency intrinsically, utterly, and reciprocally. Apart from technological growth and Ethereum’s Blockchain efficiency (which will be undergoing massive improvement), its association with its identity as a currency is going solid.

The founding father of cryptocurrency and financial organization Mythos Capital Ryan Sean Adam mentioned that among the following years, Ethereum would finally overcome this boundary. Ethereum would establish itself as a digitalized Blockchain currency in due time. He believes that among the longer term, the Ethereum platform and its Blockchain technology won’t be seen just as a utility coin. Instead, Ethereum will be seen as money – a localized form of currency.

Mariano Conti, MakerDAO Foundation’s head of sensible contracts, furthered his claim through email that even whereas Etherium 2.0 was to be delayed, the Ethereum platform itself would still be acceptable for industries and companies to use it to pay salaries.

However, he did dread over hacker activity and induce users of the Ethereum platform themselves to be on the lookout for such.

What Ethereum investors are saying 

Overall, present major Ethereum platform investors do not express specific considerations for Ethereum over what Ethereum would prove within the coming years as its previous history has already coagulated its reputation for the longer term. To boot, Scalar Capital’s founder, Linda Xie, said that the Ethereum platform had developed recently in its rich and progressive history that it had been easy for developers to integrate dApps into it. She added that Ethereum featured improved coded language, tooling, and infrastructure, although Ethereum was still technically a continuous piece. 

“We’re also seeing a primary generation of [decentralized finance] protocols [on Ethereum], with $500 million locked fast in lending and exchange protocols over the last eighteen months,” Adams from Mythos Capital said via email. “These protocols can form the banking layer of this new open financial system.”

“The Ethereum community has stayed, focusing throughout bull runs and unbroken faith during the crypto winter,” Veradittaki said, adding that “the focus on Ethereum was absolutely paying off, and therefore the system was richer and healthier because of it. Numerous, great Ethereum projects are set to launch this year, and it’s been implausibly exalting to look at.”