Confused by cryptocurrency tech? You need a Blockchain for Dummies guide.
The way blockchain records data makes it difficult or impossible to hack, change, or cheat the system. The decentralised database, controlled by various participants, is known as Distributed Ledger Technology (DLT). 

It is a distributed digital log of transactions that is duplicated and distributed throughout the blockchain's entire network of computer systems. Every transaction is recorded in every participant's ledger, and each block in the chain comprises numerous transactions. The block of data keeps any information needed, including what, when, who, where, the cost involved, the state of a shipment, and variables such as the temperature.

As an asset proceeds between locations or the owner changes, the respective blocks form a data chain. The blocks confirm the order and time of transactions, and they are firmly tied together to stop any block from being changed or placed between the two current blocks.  

All network participants can access the distributed ledger and its immutable record of transactions. With this shared ledger, transactions are recorded just once, reducing the duplication of effort that is frequent in traditional commercial networks.
Each additional block strengthens the previous block's verification and thus the entire blockchain. This makes the blockchain tamper-evident, providing the critical strength of immutability.  

This removes the risk of bad actor manipulation — and establishes a trustworthy record of transactions for you and other network users.  

No participant may edit or tamper with a transaction after it has been logged into the shared ledger. If a transaction record contains a mistake, a new transaction must be recorded to remedy the issue, and both transactions are then visible.  
This implies that if one block in a chain is altered, it is evident that it has been tampered with. Hackers would need to modify every block in the chain across all distributed copies of the chain to destroy a blockchain system. 

A smart contract is a compilation of rules stored on the blockchain and carried out automatically to quicken the speed of transactions. A smart contract can specify the terms of corporate bond transfers and the payment of travel insurance, among other things. Blockchains are distributed ledger systems that record transactions with an immutable cryptographic signature known as a hash. 

Continuing our blockchain for dummies guide, let us remind you that blockchains are constantly expanding as new blocks are added to the chain, increasing the ledger's security.  

The overarching issue is trust. How can we believe that if someone establishes new money called the Y dollar, they will not award themselves millions of Y dollars or perhaps take your Y dollars? 

It was this issue that [Bitcoin](/coins/btc) was created to address, using a special database known as a blockchain. Most conventional databases, such as SQL databases, have someone in charge who can update the entries. Blockchain is unique because no one is in control; it is run by the individuals who utilise it. Furthermore, Bitcoins cannot be counterfeit, hacked, or double-spent — thus, anyone who holds this money may be confident that it has some worth.  
 
A blockchain network can track orders, payments, accounts, production, and other things. And, since members share a single view of the truth, you can see all the complexities of a transaction, giving you greater confidence as well as new efficiencies and opportunities. 

## Benefits of Blockchain for Dummies? 

Currently, operations frequently waste time and resources on duplicate record keeping and third-party validations. Fraud and cyberattacks can exploit record-keeping systems. A lack of transparency can slow data verification. And since the introduction of IoT, transaction volumes have surged. All of this slows commerce, depletes the bottom line, and suggests that a different method is required. Here comes blockchain.  
 
## Trust  

You may be sure that as a member of a members-only network, you are receiving accurate and timely data, and that your confidential blockchain records will be shared only with members of the network to whom you have authorised access.  
 
## Security  

Because confirmed transactions are permanently stored, all network participants must agree on data veracity. Nobody, not even the system administrator, can erase a transaction. 

## Increased Efficiencies  

Time-consuming record reconciliations are removed with a distributed ledger shared across network participants. A collection of rules, known as a smart contract, may also be placed on the blockchain and implemented automatically to speed up transactions. 

## Types of Blockchain Networks for Dummies
 
### Blockchain public networks  

A public blockchain is one that anybody may join and participate in. Bitcoin is an example. Significant processing power may be required, as well as little or no transaction privacy and inadequate security. These are critical concerns for the application of blockchain in the corporate world.
 
### Blockchain private networks  

Like a public blockchain network, a private blockchain network is a decentralised peer-to-peer network. A single organisation governs the network, controlling who may participate, implements a consensus procedure, and maintains the shared ledger. Depending on the application, this can increase participant trust and confidence. A private blockchain can be hosted on-premises or behind a corporate security system.
 
### Blockchain networks with permissions  

Businesses that create a private blockchain create a permissioned blockchain network. It is worth noting that public blockchain networks may be permissioned as well. This limits who is permitted to join the network and what transactions are made. To participate, you must have an invitation or permission

### Blockchain consortiums  

The upkeep of a blockchain may be shared across many companies. These pre-selected organisations control who may submit transactions and access data. A consortium blockchain is appropriate for business circumstances where all stakeholders must be approved and share ownership of the blockchain.
 
### Blockchain Security for Dummies  

When developing an enterprise blockchain application, it is critical to have a complete security plan that employs cybersecurity frameworks, assurance services, and best practices to decrease the risk of attacks and fraud.  
 
While blockchain technology creates a tamper-proof transaction ledger, blockchain networks are vulnerable to cyberattacks and fraud. Those with malicious intent can exploit known weaknesses in blockchain technology and have been successful in various hacks and frauds throughout the years. Here are a couple of such examples:
 
### Exploitation of code  

Through code exploitation, the Decentralised Autonomous Organisation (DAO), a venture capital fund based on a decentralised blockchain inspired by Bitcoin, was plundered of more than USD 60 million in ether digital currency – almost one-third of its value.
 
### Keys stolen  

The loss of roughly USD 73 million in client Bitcoins from Hong Kong-based [Bitfinex](https://www.bitfinex.com/), one of the world's largest cryptocurrency exchanges, revealed that the currency remains a substantial danger. The reason was the theft of private keys, which are personal digital signatures.
 
### Employee computer hacked 

When Bithumb, one of the major Ethereum and Bitcoin cryptocurrency exchanges, was recently attacked, hackers accessed the data of 30,000 customers and stole USD 870,000 in Bitcoin. Even though it was an employee's PC that was hacked rather than the main servers, the incident prompted concerns about general security.

When creating a private blockchain, ensure it is implemented in a secure, robust architecture. Poorly chosen underlying technology for company goals and operations might expose data to security threats due to vulnerabilities. 
Consider the dangers to business and governance. Financial repercussions, reputational considerations, and regulatory hazards are all examples of business risks. Governance issues stem from the decentralised nature of blockchain systems, which necessitate strict controls over decision criteria, governing policies, identification, and access management. 
 
Understanding and controlling blockchain network risks are important to blockchain security. A blockchain security model comprises the strategy to deploy security to these controls. Create a blockchain security model to verify that all security safeguards for your blockchain solutions are in place. 

Administrators must create a risk model that addresses all business, governance, technological, and process concerns to execute a blockchain solution security model. They must next assess the dangers to the blockchain solution and develop a threat model. Then, administrators must create the security measures that will reduce the risks and threats based on the three categories listed below:  

Implement blockchain-specific security mechanisms.  
Use standard security controls.  
Implement blockchain business controls. 
How Does Blockchain Operate in the Business World?  
Blockchain for business is useful for entities that do transactions with one another. Permissioned users may access the same information simultaneously using distributed ledger technology, improving efficiency, removing friction, and building trust. Blockchain technology can also enable a solution to grow and scale quickly. Many solutions can be customised to do many jobs across sectors.  
 
## What Role Does Blockchain Play in Environmental Protection?  

Blockchain technology may enable new change models, expand knowledge, and assist social groups in creating common systems of record that meet the needs of corporate donors. Blockchain guarantees that production processes and environmental effects may be recorded, audited, and reported. 

So, to summarise for dummies, blockchain technology enables operational, regulatory, increased visibility, and traceability verification efficiencies. This technology also functions as a robust database that can be readily coupled with big data. Blockchain has the potential to reduce costs and make many services more competitive.
 
 
 



Blockchain for Dummies: The Tech Explained

You've probably heard a lot about [HEX](https://coinmarketcap.com/currencies/hex/) crypto, seen the HEX crypto price, and wondered if this is another Ponzi scheme or scam.
This article will deeply explore what Richard Heart's HEX is and what the HEX price is in the market.

There is always a buzz in the cryptocurrency market about new projects and technological advancements, owing mainly to [Bitcoin](/coins/btc) and [Ethereum](/coins/eth). HEX, an ERC-20 token launched at the end of 2019, is one of these projects.

The HEX network's goal is to create a store of value that will replace the traditional certificate of deposit used in conventional financial markets. This can make HEX an appealing and affordable asset for those looking to invest in the emerging decentralised finance sphere.
Even though HEX is a complete project with a dedicated team, investors may find it appealing due to the low price. Fortunately, getting started with cryptocurrency investments has never been simpler.

## What is Hex Crypto?

The HEX cryptocurrency was introduced on the Ethereum network on December 2, 2019. HEX crypto is an ERC20 token designed to be a value store and replace the Certificate of Deposit. This financial product's blockchain counterpart is used in traditional financial markets.

First, we'd like to go over some background information. Commercial banks offer certificates of Deposit (CDs) in the traditional financial industry. They typically provide a slightly higher interest rate than a standard savings or checking account. Depositors should not withdraw their funds to achieve this higher interest rate. The condition is that funds are not removed for one, three, or six months, and in some cases for up to 10 years.

HEX is intended to pay interest to participants who secure their coins through a stake. 

For Bitcoin holders, the HEX coin is a FREE AIRDROP. It is not an ICO, and you are not required to pay anything during the claiming process. The HEX crypto CLAIM process can be completed safely OFFLINE, and still, Bitcoin holders will receive 10,000 HEX per 1 BTC. Bitcoin holders could only claim HEX during the first year of operation. During this time, 90% of the claimed HEX is locked for a year. All coins that Bitcoin holders have not claimed at the end of the first year of release are distributed to other HEX users with active stakes.

## How Does Hex Crypto Work?

The Ethereum network is used for the transaction layer (sending and receiving HEX coins and interacting with the HEX smart contract). At the same time, the consensus code and staking mechanism are contained within the HEX crypto smart contract.

HEX crypto allows users to stake their HEX coins in exchange for a share of the issuance of new HEX coins or inflation. Furthermore, it includes features intended to encourage price appreciation while discouraging practices promoting price harm. The HEX smart contract penalises interested parties who cancel their pledge ahead of time and rewards those who stake more significant amounts of HEX for extended periods. 

According to Richard Heart, the creator of HEX, it is the first blockchain Certificate of Deposit, allowing users to stake their tokens in exchange for interest. Users can earn interest payments ranging from 3.69% (if 99% of the total supply is locked) to 369% (if only one percent of the total amount is staked). Because interest payments are made in HEX, the monetary value of such an amount is entirely dependent on the market value of HEX at the time of maturity.

The Certificate of Deposit (also known as a savings account) is one of the most popular banking products. In other words, HEX is the first blockchain CD. However, HEX is designed much better than a CD because, with a CD, you will not be paid more if others decide to close their CDs earlier.

## How to Buy Hex Crypto

STEP 1

Create an account: The first step in purchasing HEX is to open an account with a brokerage that accepts HEX purchases and sales. If you live in the US, your options for buying HEX directly with fiat currency are limited. Currently, HEX is only available on smaller exchanges, which are more vulnerable to hacking attempts.

STEP 2

Purchase or obtain a wallet: After you've decided where and how you want to buy HEX, you should open an off-chain wallet to keep your tokens. A cryptocurrency wallet is a physical device or software application that gives you a private set of keys to store your tickets.
Cryptocurrency wallets:
•	Hardware wallets - also known as "cold storage" wallets, a hardware wallet is a physical device that works the same way as a flash drive. You'll use Bluetooth or USB to connect your hardware wallet to your computer and transfer your tokens to an offline wallet. Hardware wallets store your tokens more securely, but they can only hold a limited number of coins and tokens.
•	Software wallets - these wallets, also known as "hot storage" wallets, are computer or smartphone applications that store your tokens and coins on an online wallet. Though software wallets offer less security than hardware wallets, they are free and typically hold more types of assets than comparable hardware wallets.

STEP 3

Make a purchase: It's time to make your purchase after opening an account and choosing a wallet. Examine your broker's platform and the different orders you can use to buy HEX. Depending on which broker you use, you may have access to dozens of order types, each influencing the price at which your order is executed.
When you submit your order, your broker will handle filling it at a price or under your specified conditions. Your broker will usually notify you when your order is finished via email or in-app message.

Despite HEX's unprecedented success, there is still much misinformation surrounding the project. Fear, uncertainty, and doubt are classified into three types:

"HEX is a pyramid scheme": This is a common criticism of HEX that you can find within two minutes of searching Reddit. You can see how some people could be led down this rabbit hole. On the other hand, Charles Ponzi used the proceeds from new investors to repay older investors. Richard refutes this assertion by stating that HEX stakers create their rewards. This means that the interest earned on staked HEX is unaffected by new investors. The mechanics of the smart contract code generate interest, and of course, new investors support the price of HEX.

"HEX is a Pyramid Scheme": When it comes to HEX, detractors scream pyramid scheme on every Reddit thread. Pyramid schemes involve a network of middlemen profitably selling to one another before someone eventually sells to a retail consumer or is left holding the bag. Some argue that HEX is like this. Old investors market to new investors, who then market to even more new investors, etc. Of course, the same could also be said of eBay baseball cards. Richard Heart refutes the pyramid scheme accusation by claiming that HEX lacks multiple levels of marketing. This is correct. The decision to invest in HEX is a personal one. Investors purchase directly from an exchange rather than through a middleman.

One of the most dubious claims is that "HEX is preparing for a massive rug pull": Much analysis has been done by Redditors and other people with too much time on their hands to say, "I told you so" about HEX's centralised ownership. The HEX Origin Address (the wallet address linked to the initial smart contract) has been chastised for owning approximately 90% of the total supply of HEX. This sum has been distributed to a number of other wallets over time. According to the theory, Richard Heart or those associated with the HEX project own and control those wallets. This would eventually give them control of the network's consensus, effectively turning his decentralised utopia into a centralised poop pile. The theory is that the centralised owners of HEX will dump on all the bag holders one day and crash the price to zero. I do not doubt that Richard Heart owns a whole bunch of HEX. He does not reveal any of his holdings. This plays into the hands of the skeptic. I guess that he's doing this to avoid Uncle Scam's posse at the IRS or SEC rather than to rug pull HEX investors.

## Conclusion

In terms of market capitalisation, HEX is currently the 204th largest cryptocurrency. As a result, it is a small cryptocurrency offering only available on a few select exchanges. It also means that HEX is a highly volatile asset that can reach zero. If you decide to invest in HEX (or any other minor altcoin), consider making it a small part of your overall portfolio.


Hex Crypto and Richard Heart: A Complete Guide

There are thousands of different cryptocurrencies, including the new Ethereum Max. Every day, hundreds of new ones are created. It can be challenging to separate the good from the bad in this crypto river.
As a general rule, most current cryptocurrencies are entirely useless and should be avoided. Is Ethereum Max among them? Let's look more closely at the new Ethereum Max cryptocurrency. This article will lay out all the information you need to know about Ethereum Max.

## What is Ethereum Max?

Ethereum Max, or [EMAX](https://coinmarketcap.com/currencies/ethereummax/), is an ERC20 token. With no pre-sale and no tokens reserved for the development team, all tokens were released on the open market, resulting in a fair and complete distribution of the coins. EMAX was created to provide the world with an [Ethereum](/coins/eth)-based token that gives holders the security and versatility of the Ethereum blockchain while also yielding rewards and enhancing digital asset decentralisation. The token was created to strengthen existing systems while also adding secondary benefits such as redistributing a percentage of all transactions to existing holders. With each transaction, investors will receive an increase of EMAX in their wallets.

## How Does EMAX Work?

It is difficult to explain how Ethereum Max works because it does nothing but exist. ERC-20 tokens are simple to create and require little programming knowledge. The Ethereum blockchain is open to the public. Anyone can create a token with any name they choose and generate marketing buzz around it, with no requirement that it be useful.

The whitepaper and roadmap for the project make very ambitious claims for the future of the 'Ethereum Max Ecosystem,' but the uses of EMAX crypto are chiefly speculative.

Its current value appears to be derived primarily from demand generated by an aggressive marketing campaign combined with a deceptive name. According to the project's website, the token gives EMAX wallet holders a 3% share of the transaction value. Because the contract code EMAX token is not publicly available, it is unclear how this is accomplished.

Overall, the EMAX token functions by being popular, similar to a meme coin. However, unlike a meme coin, there is no meme to drive its popularity, so the project relies heavily on marketing to unsophisticated buyers to increase demand for EMAX crypto.

## What is the Use of EMAX Token?

EMAX is one of the only environmentally friendly and 100% decentralised tokens to avoid rug pulls. The entire supply is released to the open market, and none is burned to a dead address. We currently have six months of liquidity locked in; once we convert to V3, we will have 1,000 years of liquidity locked in. This reduces the risk for investors while ensuring security via the Ethereum blockchain. It is also worth noting that EMAX tokens are not mined because they are supported by Proof of Stake (PoS) technology. This allows us to operate in an environmentally friendly and fully decentralised environment.

## Buying and Selling EMAX

You can always sell EMAX cryptocurrency on the same exchange where you bought it. The procedure for selling EMAX cryptocurrency is nearly identical to purchasing it.

## Conclusion

EMAX crypto is a token created by unidentified Ethereum Max project developers.

The token's name may lead you to believe it is an official product of the Ethereum blockchain or the Ethereum Foundation. That is not the case.

If you purchase EMAX cryptocurrency, you can exchange it for any other ERC-20 token on a decentralised exchange you can or a few centralised exchanges.


Ethereum Max: Everything you need to know

Is the Pink Unicorn on the rise or about to take a tumble? Here, we take a look at the Uniswap price prediction for 2025.
The Uniswap protocol is a peer-to-peer system for swapping [Ethereum](/coins/eth) blockchain coins (ERC-20 Tokens).
The protocol is constructed as a series of persistent, non-upgradable smart contracts to prioritise censorship resistance, security, and self-custody while operating without trusted intermediaries who may selectively restrict access.

The Uniswap protocol comes in three versions; V1, V2, and V3. V1 and V2 are free sources and GPL-licensed. V3 is open source with minor changes. Once deployed, each version of Uniswap will function in perpetuity, with 100% uptime, as long as the Ethereum blockchain exists.

## How Does Uniswap Work?

Hayden Adams invented the Uniswap protocol in 2018. However, Ethereum co-founder Vitalik Buterin was the first to outline the underlying technology that motivated its implementation.

Uniswap employs a mechanism in which liquidity suppliers create liquidity pools. This system offers a decentralised pricing mechanism that effectively smoothes out order book depth. Users can smoothly switch between ERC-20 tokens without using an order book.

There is no listing process because the Uniswap protocol is decentralised. Essentially, any ERC-20 coin can be created if traders have access to a liquidity pool. As a result, Uniswap does not impose listing fees. In some ways, the Uniswap protocol serves the public good.

With no order book, Uniswap departs from the typical architecture of digital exchange. It employs the Constant Product Market Maker design, a version of the Automated Market Maker model (AMM).
Smart contracts that retain liquidity reserves (or liquidity pools) that traders can trade against are automated market makers. Liquidity providers fund these reserves. By depositing the equivalent of two tokens in the pool, anyone can become a liquidity provider. The fees that traders pay into the pool are divided among liquidity providers based on their pool share.

By depositing the equivalent of two tokens, liquidity providers create a market. These can be ETH plus an ERC-20 token or two ERC-20 tokens. These pools are typically made up of stablecoins like DAI, USDC, or USDT; however, this is not required. In exchange, liquidity providers receive "liquidity tokens," which reflect their portion of the overall liquidity pool. The tokens can be redeemed for the pool share they represent.

## Uniswap Current Price

The current Uniswap price is USD 6.16, and the 24-hour trading volume is USD 426,955,190. In the last 24 hours, Uniswap has gone down 12.64%. CoinMarketCap now ranks #26, with a live market cap of USD 4,253,407,467. There are 690,676,383 UNI coins in circulation, with a maximum supply of 1,000,000,000 coins.

## Uniswap Price Prediction

PricePrediction.net predicts a moderate short-term rise with a target of USD 13.02 by the end of 2022 and a target of USD 19.10 in 2023. According to the website, the currency will reach USD 40 in 2025 and remain there for the remainder of the year.

DigitalCoinPrice's UNI coin price estimate for 2022 is significantly more conservative, with a UNI coin price prediction of USD 12.19. The coin is anticipated to reach USD 14.27 in one year and USD 31.14 in five years. The UNI coin price estimate for 2025 is USD 18.02 on average.

## Final Thought: Is Uniswap a Promising Investment?

For a good reason, decentralised finance tokens are among the most touted assets in the cryptocurrency industry today. Investors believe DeFi will be a substitute for those who do not have access to banks. DeFi platforms are also incredibly efficient. Hundreds, if not thousands, of people are employed by traditional banks and exchanges. In contrast, DeFi needs a few individuals to do the same role because smart contracts handle much of the work autonomously.

Uniswap could be a good addition to your portfolio if you believe in decentralised finance. Not only is it the most liquid decentralised exchange, but Uniswap's V3 upgrade increases the liquidity of Bitcoin on the site.

While other DEXs might use Uniswap's earlier upgrades, its V3 update is secured for two years, giving Uniswap a strong competitive advantage over other decentralised exchanges.


Uniswap Price Prediction 2025. Will The Unicorn Rise? 

Are you looking for Baby Doge price predictions for 2023 and interested in knowing where its value will go in the future? Read this article where we analyse Baby Doge Coin and its market potential.

Cryptocurrencies have been making waves in the news and online world for quite some time now. [Bitcoin](/coins/btc) is the OG of digital currencies, but many others have surfaced recently. One such currency is Baby Doge – an addition to the dogecoin family and launched by the meme community. However, the coin is still at its nascent stage. There is much uncertainty regarding its real-world usage and whether it would be a good investment. If you're wondering about its bullish prospects, let's see the Baby Doge price prediction for 2023 and beyond!

## What is a Baby Doge Coin?

The online meme community is pretty active in introducing some dog meme coins. One of the pioneers in this genre of cryptocurrency is Dogecoin. Baby Doge was launched in June 2021 as Dogecoin’s successor. But unlike Dogecoin, which was a ‘joke’ on blockchains, Baby Doge was introduced to raise funds for dogs worldwide.

It’s a secure and speedy blockchain with fixed crypto tokens in the market. If you’re a Baby Doge holder, you will earn a percentage for each transaction in the blockchain. It has set a 10% fee for each transaction, half of which is divided among all holders while the remaining is consumed for fast trading. 

## Baby Doge’s Price Prediction 2023

As of 11 May 2022, this decentralised currency is ranked at #210 with a $0.000000001216 price according to Coingecko. It has lost the gains it made in the earlier months of 2022, and the market cap for the coin stands at $190,142,021. But it is expected that the token might reach $0.00000000206 by the end of this year.

Comparably, Baby Doge’s price predictions for 2023 do not suggest the coin is going bullish. The data by Digital Coin Price shows that the average Baby Doge price in 2023 would be $0.00000000222. In addition, its highest trading fee could reach $0.00000000242, whereas the lowest cost could be $0.00000000186.

Baby Doge Price would start the year with $0.00000000211 in January and would end it with $0.00000000222 in December. There will be fluctuation in price throughout the year, but towards the year's end, we could see some stability.

## How High Can Baby Doge’s Price Go?

If you consider it an investment, you might wonder how high it will go and whether Baby Doge’s price will reach 1 cent soon? To find out, let’s see the long-term predictions!

## Baby Doge price forecast 2025

[Telegaon’s forecast](https://telegaon.com/baby-doge-price-prediction-2021-2022-2025-2030/) for 2025 says Baby Doge’s price will be averaging approximately $0.000000063. It will reach its highest at $0.000000079, and its lowest would be $0.000000052. 

## Baby Doge price prediction 2030

For 2030, PricePrediction.net indicates that the Baby Dogecoin would maintain the average of $0.00000007 and its minimum price. However, it would hit the maximum of $0.00000008.

## Baby Doge price prediction 2040

In the next decade, Baby Dogecoin will likely make substantial gains and average $0.0026. Its maximum price value would be $0.0035, and the minimum value would be around $0.0015.

## Baby Doge price prediction 2050

In 2050, the Baby Dogecoin price might finally reach the $0.01 mark, and it would be only its minimum price. Its maximum price could be $0.05, and it would be averaging $0.03.

## Is Baby Doge a Good Investment?

The current trends show that Baby Doge is a small crypto token. At the time of this writing, there is a decrease of 15.4 % in its price. But the coin is expected to reach $0.03 in 2050. Compared to Baby Doge, there are numerous other cryptocurrencies you might consider.

There is always uncertainty about the long-term trends in the crypto world. Will the value of Baby Doge rise or fall? No one can say for sure. However, you can decide by observing the factors involved and current trends. For example, you might consider the development team behind Baby Doge, its utility, and the overall market sentiment. Therefore, it’s advisable to always do your own research before coming to any conclusion.


Baby Doge Coin Price Prediction

In blockchain and crypto, there's always a battle raging. So, lets look at Solana vs Ethereum.
There has been competition between networks, and crypto coins, since the craze around decentralised applications (DApps) and non-fungible tokens (NFTs) in 2021.

While the 2020 DeFi summer depended on Ethereum as the primary driver, 2021 witnessed the peak of other crypto coins, like Solana, featuring higher trade speeds at reduced expenses. This was something that Ethereum aspires to accomplish using its Ethereum 2.0 upgrade.

While the two blockchains have their own particular fans and investors, Ethereum turns out to be leading as a blockchain that delivers a much more transparent and developed space for DApps. But, undoubtedly, the two have their own significance and differences that cannot be ignored.

This article examines the significant differences between the two blockchains. We explain the working model, each blockchain's core attributes, and the developing DApp ecosystem on each.

Let's proceed with the significant differences and attributes Solana and Ethereum offer.

## Working Model

One of the critical factors that differentiate Ethereum from Solana is the working model. Each has a distinct working technology operating at its core, and each has distinctive ways of solving the issues around scaling. This section of the article looks at the technology driving the two blockchains.

## [Ethereum](/coins/eth)

### Working Mechanism

Ethereum operates on Proof of Work (PoW) mechanism, the same as used by Bitcoin's blockchain. The network is secured by hundreds of thousands of miners who partake in the operation of consensus by "risking" their computing power/hardware. This ensures that the network stays decentralised and that the barricade to enter the network is high. It also reduces network performance as it cannot process many transactions per second.

### Stateful Design

The next point separating Ethereum from Solana is its "stateful" nature. It implies that all the trades on the network are documented in one state, and if any new trade ensues, then the complete network (or all the miners) has to update its network document to reflect that new trade. This process is expensive, so Ethereum 1.0 is deemed slower than other 'stateless' blockchains like Solana.

## Solana

### Working Model

Unlike Ethereum, Solana operates on the Proof of History (PoH) working model. The model needs a series of computational actions that cryptographically define the time course between two events. This is done by adding timestamps to all transactions and following each order. This type of order sequencing is significantly distinct from that in Bitcoin and Ethereum, where their transactions are not set in a timely order.

### Stateless Design

The other significant difference between Ethereum and Solana is that Solana has a 'stateless' design. As already mentioned, this enables a decrease in across-the-board memory consumption. Since the complete state of the network does not require an update for each transaction, they can be efficiently carried out sequentially. This makes Solana highly scalable.

## Features and DeFi Ecosystem

Every blockchain has some outstanding features that set it apart. Decentralisation is undoubtedly something Ethereum has always focused on compared to Solana's focus and has driven to accomplish that through its operational technology.
Talking about the DeFi ecosystem, Ethereum is much older than Solana in the market. Solana is constantly working on its marketing strategies to draw more investors towards its network, but Ethereum stays ahead because of its market hold and the trust gained over time.

Let's dive in to understand better the Solana and Ethereum features and the DeFi ecosystem.

## Solana

Solana's critical selling point is its power to process a block every 400 milliseconds and document 60k transactions every second. These key features independently make it one of the speediest working layer-one blockchains. Further, it has numerous features that drive it to stand apart. Let's discuss some of them.

### Enhanced Transaction Speeds

Solana operates on Tower Byzantine fault tolerance (BFT), an ad-lib version of pBFT (practical Byzantine fault tolerance). This terminates the requirement for nodes to communicate in real-time, enhancing overall efficiency.
Additionally, Solana operates on Gulf Stream, a mempool-less transaction forwarding standard that pushes the transactions to the network's edge. This allows network validators to carry out transactions earlier than expected, encouraging the network to process over 50,000 transactions every second (TPS).

### Improved Scalability

A critical element that drives Solana to stand apart from its opponents is that the blockchain is scalable at its ground level; it does not need layer-two solutions to boost scale. A vital blockchain component that assists in this scalability is the Turbine block propagation protocol. It enables splitting data into small fragments, making it manageable to share it across the network. Sealevel also helps in the processing of transactions across GPUs and SSDs.

Together, these features make for a positively scalable, efficient, and cost-effective blockchain.

### DeFi Ecosystem

Solana's DeFi ecosystem is still at its developing stage, with diverse DApps being launched on the platform. This results from comprehensive hackathons and other marketing techniques the network has utilised to draw a broad user base. The blockchain has more than $12B in total value locked (TVL) across all its DApps.

One of the significant DApps on Solana is Raydium, an on-chain ordering book AMM that enables users to conduct transactions. Since launching in April 2021, it has collected over $1.8B.

## [Ethereum](/coins/eth)

Ethereum's strong point is its decentralisation. However, it lacks the power to process a vast number of transactions per second. The barricade to enter and become a validator is not too high, creating a trustless, decentralised network. To reimburse for the scarcity of scaling attributes at the native blockchain, layer-two solutions deliver evolved scalability and throughput.

### Technology

Turing-complete language is one of the critical elements of Ethereum, specifically at the time of its launch. This means that it can sustain a variation in programmability, enabling the creation of diverse smart contracts. Thus, it utilises Solidity as its ground programming language for coding smart contracts.
Ethereum was one of the first blockchains in designing decentralised on-chain smart contracts.

## Stablecoins

Stablecoins are the drivers of decentralised finance (DeFi). See them as regular currencies like USD. The only distinction is that stablecoins are cryptocurrencies that designate one unit of standard fiat currency — a cryptocurrency secured to a fiat currency. Since all major cryptocurrencies are highly volatile, having a type that stays secured to one unit of a standard fiat currency makes sense. Stablecoins do a flawless job in accomplishing that. 

## DeFi Ecosystem

Sushi was the first DApp on Ethereum. It is one of the largest order, bookless, peer-to-peer cryptocurrency trades that gives investors the power to buy/sell their desired tokens easily. It has seen a massive performance since its launch in September 2020.

Apart from Sushi, Compound was one of the primary DApps behind the DeFi summer of 2020. It is a lending medium on Ethereum that witnessed massive growth in its borrowing volume.
Ethereum, older in the market than Solana, has a more extensive investor base which finds Ethereum a promising investment for funds.

## Solana vs Ethereum. Who Holds the Crypto Power?

On one hand, the Ethereum network has over 7,000 nodes and 90,000 validators and has a market value of almost $400 billion. Yet, Ethereum 1.0 lacks scalability and is comparatively more expensive than its competitors, Cardano and Solana.
However, the blockchain is ready to launch its upgraded version, Ethereum 2.0, which is anticipated to solve all the cryptocurrency problems, especially its scalability issues; the number of transactions per second. 

Talking about Solana, it possesses 600 nodes and around 1,000 validators. According to the recent data available on Solana's website, it is presently [hosting around 340 apps](https://solana.com/ecosystem). Meanwhile, Ethereum has more than 3,000 Dapps operating on its network.

So, coming back to our question, who holds the crypto power, Solana or Ethereum? Solana has high scalability features and excellent marketing techniques to acquire investors. Ethereum has the first-mover benefit and enjoys the advantages of network effects.

Ultimately, Solana has room for development, but, certainly, Ethereum holds the crypto power. It has too much momentum, especially when it comes to DeFi Applications. Ethereum, though it lacks some cryptocurrency features, holds the second-largest cryptocurrency market cap and investors find the blockchain promising for their returns.
However, Solana is expected to shine in the fast-growing NFTs market. 

It is one of the best-designed cryptocurrencies, and it remarkably performed well when the significant cryptocurrencies fell 10-15%, which is outstanding for a crypto coin.


Solana vs Ethereum: Who Holds the Crypto Power?

Wondering what the [Ethereum](/coins/eth) price GBP could be by 2023? Crypto analysts have gathered their minds to brainstorm the prediction about the price of Ethereum this year and beyond.

Ethereum is highly popular since it’s feature-rich and has a vast number of applications that imply long-term growth. Perhaps you've heard about its connection to smart contracts, NFTs, and DeFi.
Some claim that it has the capacity to displace Bitcoin! What's more, unlike most altcoins, Ethereum is less likely to crash and burn. Still, it has the potential to moon and earn investors massive profits.

Here we explore Ethereum price GBP and everything you need to know about Ethereum prices. But first things first. What’s Ethereum?

## Ethereum in Brief

Ethereum is a decentralised computing platform that runs smart contracts: applications that execute exactly as intended, with no chance of fraud or third-party manipulation.

Ethereum as a cryptocurrency is mined like Bitcoin, but Ethereum's mining process is different. Ethereum miners who contribute more to the network receive a more significant percentage of the block reward than a proportion of the overall number of blocks. Ethereum was proposed in 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Bitcoin inspired him, but he thought Bitcoin needed more features than just being a digital currency.

Millions of people worldwide have used Ethereum, and it has been used to power some of the world's most extensive decentralised applications. Ethereum is a versatile platform that can be used for various purposes. Contracts and programs can be written in any programming language, and they can be run on Ethereum's blockchain.

Ethereum's native currency, Ether, is used to pay for transaction fees and computational services on the Ethereum network. Ether can also be traded on exchanges for other cryptocurrencies or fiat currencies like GBP or US.

## A Brief History of Ethereum

Ethereum's price in GBP grew almost exponentially in 2017 and early 2018 due to the popularity of Initial Coin Offerings (ICOs). ICOs were a way for Ethereum projects to raise money by selling tokens to investors. Because you needed Ether to participate in ICOs, the demand for Ethereum soared. However, the era of ICOs is now over as regulators have cracked down on them.

Many projects turned out to be scams, which shocked the market enormously. Ethereum lost more than 92% of its value in 2018, but it has since rebounded from the price that dropped below $100. Ethereum's price will continue to rise as more and more people realise its potential.

The Ethereum blockchain, by far, is the most durable smart contract platform. It is said that 96% of the top cryptocurrencies have an Ethereum foundation. This means that 89% of the 1,000 best tokens are based on Ethereum.

## Ethereum Price Prediction for 2023 by Crypto Experts

Ethereum price GBP is forecast to stabilise in 2023, with predictions varying from a minimum price of $1,711 to more than $8,000. Ethereum holders can breathe a sigh of relief, as most experts do not show any steep drop in price throughout the year. However, some predictions are more optimistic than others.

The Ethereum community will be keeping a close eye on the market throughout 2023. So, sit back, relax and hold on to your ETH - it looks like we're in for a bumpy ride.

## Coin Price Forecast

On a wild ride, the price of Ethereum has been spiking up and down, but Coin Price Forecast's predictions are relatively optimistic. Their experts believe that Ethereum will reach $3,237 by the middle of 2023 and then continue to rise in value, reaching $3,965 by the end of the year. This is good news for Ethereum investors, who have seen the value of their investment increase significantly over the past year.

However, they warn that Ethereum's price is susceptible to sudden changes and could drop before rising again. So, if you're thinking of investing in Ethereum, it's essential to keep an eye on the market and be prepared to act quickly. Who knows? You might make a killing.

## [Trading Beasts' Predictions](https://tradingbeasts.com/price-prediction/ethereum)

Ethereum's price is forecasted to peak in January 2023 at $3,491.198, which is quite a pessimistic prediction by Trading Beasts. They say that the value of ETH will reach its lowest point in December, with a minimum of $1,805.995.
This is quite a steep drop from the beginning of the year and has caused Ethereum price GBP to be a hot topic among investors. According to their sources, the average price of ETH throughout 2023 will be within the $2,100-$2,800 range. However, some believe that Ethereum's price could spike again due to the increasing popularity of Ethereum-based DeFi applications.

In other words, if you're thinking about investing in Ethereum, you might want to hold off until after the New Year, when prices are predicted to stabilise again. Maybe Ethereum will have a rebound and prove Trading Beasts wrong!

## [Long Forecast](https://longforecast.com/ethereum-price-prediction-2018-2019-2020-2021-eth-to-usd)

If the Economy Forecast Agency's predictions are correct, Ethereum is in for a bumper year. By December, the value of Ethereum will have almost tripled, reaching $7,000. This will be good news for investors, but it may also mean that Ethereum becomes less accessible to everyday users.

While the price of Ethereum has been steadily climbing over the past few years, it remains to be seen whether this upward trend can be maintained. Only time will tell whether the Economy Forecast Agency's predictions come true.

Month  Open    Low-High	Close
2023
Jan	 2,194	2,194-2,723	 2,545
Feb	 2,545	2,545-3,159	 2,952
Mar	 2,952	2,952-3,560	 3,327
Apr	 3,327	3,327-4,129	 3,859
May  3,859	3,859-4,789	 4,476
Jun	 4,476	4,476-5,555	 5,192
Jul	 5,192	5,192-6,036	 5,641
Aug	 5,641	4,406-5,641	 4,738
Sep	 4,738	4,738-5,881	 5,496
Oct	 5,496	5,496-6,821	 6,375
Nov	 6,375	5,772-6,640	 6,206
Dec	 6,206	6,206-7,458	 6,970

## [Wallet Investor](https://walletinvestor.com/forecast/ethereum-prediction-data/1)

Ethereum is a popular cryptocurrency, and it looks like its popularity is only going to continue to grow. According to Wallet Investor, Ethereum is forecast to have a positive year in 2023. The year will begin with a minimum price of $4,350.190, and by July, the minimum price will have risen to $5,460.000. Finally, by December, Ethereum is predicted to have a minimum price of $6,440.330.

Ethereum is an excellent investment for those looking to make some money in the cryptocurrency market. So, if you're thinking about investing in Ethereum, now may be the time to do it.

## What's the Future of Ethereum Price GBP?

Ethereum (ETH) is currently the second-largest cryptocurrency by market capitalisation, Ethereum price GBP, and is expected to maintain this position in the foreseeable future. The Ethereum token is firmly entrenched as the second-largest cryptocurrency behind Bitcoin (BTC).

Ethereum accounts for approximately 54% of the $117billion in Total Value Locked (TVL) on all blockchains, especially in decentralized finance (DeFi) software. According to DeFi Llama, Ethereum is the first smart contract platform with a provably fair distribution of funds that is fully decentralised and censorship-resistant. The coin's benefits include its large developer community, leadership position in decentralized finance (DeFi), and planned to scale improvements for Ethereum 2.0.

However, Ethereum's price will continue to be influenced by various factors, including global economic conditions, innovation in the DeFi space, and Ethereum's scalability issues. Nevertheless, Ethereum is expected to remain a significant force in the cryptocurrency world for years to come.

"Several crypto firms have seen their valuations soar due to massive capital injections. Ethereum layer-2 developer StarkWare attained a $6 billion valuation, Immutable hit a $2.5 billion valuation with its NFT gaming platform, and Roofstock completed a funding round at a $1.9 billion valuation for its online real estate business." According to data compiled by James Butterfill, head of research at CoinShares, usage of Ether and bitcoin, and stablecoins, as a substitute for cash has risen in Ukraine and Russia.

"At times, Russia and Ukraine have seen daily trading volumes of US$80 million per day. This has primarily been against the crypto pairs USDT and BUSD, popular US Dollar stable coins (cryptocurrencies linked to the US dollar). Still, we've also seen significant quantities of Bitcoin and Ethereum used...We believe that cryptocurrencies are being utilised as a financial hedge against declining national currencies and their mobility, particularly by Ukrainians seeking to flee their country."

## Final Thoughts

So, what's the future of Ethereum price GBP? Experts have weighed in with their predictions, and while no one answer fits all, it seems likely that Ethereum will only continue to grow in value. However, it's important to remember that these are just forecasts and that prices could go up or down depending on various factors. In short, whether you're looking to invest now or hold off for a bit longer, Ethereum is worth keeping an eye on as we move into the future.

With such potential for growth, don't be surprised if the Ethereum price skyrockets in the next few years since it's here to stay.


Ethereum price GBP: What could it be by 2023?

When it comes to looking for a metaverse coin, there are a lot of options to choose from. So, which one is the best for you?

This article compares three popular metaverse coins and helps you decide which one is right for you. We look at the features and benefits of each coin and how they compare to each other.

## What are Metaverse Coins and How Do They Work?

Metaverse coins are a type of cryptocurrency that allows users to trade virtual assets and goods. Metaverse coins are based on blockchain technology, enabling secure and transparent transactions. Metaverse coins can purchase virtual items such as clothing, accessories, and furniture.

Metaverse coins can also be used to pay for virtual services, such as website hosting and online gaming. Metaverse coins are traded on exchanges, and the value of metaverse coins is determined by market supply and demand. Metaverse coins are not backed by any government or central bank, and they are not subject to regulation.

Metaverse coins are a relatively new innovation, and their long-term viability remains to be seen. However, metaverse coins offer a unique solution for trading in virtual assets and goods, and they could revolutionise interaction with the digital world.

## How to Choose the Right Metaverse Coin for You

As the metaverse coin community continues to grow, more and more people are looking for ways to get involved. One of the most common questions is metaverse coin selection: with so many options available, how to choose the right one?

When making your choice, consider:

- Purpose:
What do you want to use your metaverse coin for? There are many different types of metaverse coins, each with its own strengths and weaknesses. Do your research and choose whichever best fits your needs.
- Community:
Another important factor to consider is the metaverse coin community. This includes both the size and activity of the community, as well as its overall attitude and helpfulness. A large, active community can be a great resource, but a toxic or unhelpful one can make metaverse coin ownership a frustrating experience.
- Technology:
Metaverse coins are built on different underlying technologies. Some are more complex than others, and some are more established than others. Choose a metaverse coin that uses technology you're comfortable with and that you're confident will continue to be supported in the future.

## The Pros and Cons of Metaverse Coin

Cryptocurrencies and blockchain technology are quickly becoming mainstream, with more and more businesses and individuals beginning to adopt them. One type of cryptocurrency that is gaining popularity is the metaverse coin.
Metaverse coins are digital assets used to represent ownership or value in a virtual world or metaverse. There are several different types of metaverse coins, each with its own advantages and disadvantages.

The most popular types are the [Ethereum](/coins/btc)-based metaverse coins. These coins are backed by the Ethereum network, one of the most secure and reliable blockchain networks in existence.
Ethereum-based metaverse coins also have the advantage of being compatible with a wide range of existing blockchain applications and services. However, they can be more difficult to use than other metaverse coins and may require a higher level of technical knowledge.

Another type of metaverse coin is the Bitcoin-based metaverse coin. These coins are powered by the Bitcoin network, which offers a high degree of security and reliability. Bitcoin-based metaverse coins also benefit from being very easy to use, even for beginners. However, they can be more expensive to buy than other types of metaverse coins and may not be compatible with as many existing blockchain applications and services.

So, metaverse coins are a new and exciting innovation with the potential to revolutionise the way we interact with the digital world. When choosing a metaverse coin, it's important to consider your needs and objectives.
Each type of metaverse coin has its own advantages and disadvantages, so be sure to do your research before deciding.

## Examples of Popular Metaverse Coins

Popular metaverse coins include Ethereum-based metaverse coins like Metaverse ETP (ETP) and Bitcoin-based metaverse coins like Counterparty (XCP). This is a snapshot of the many different types of metaverse coins available.

Metaverse ETP is an Ethereum-based metaverse coin that allows users to create and manage digital assets in a metaverse. Metaverse ETP is one of the most popular metaverse coins and is supported by a large and active community.

Counterparty is a Bitcoin-based metaverse coin that enables users to create and trade digital assets in a metaverse. Counterparty is easy to use and is compatible with a wide range of existing blockchain applications and services.
In the past few years, metaverse coins have become increasingly popular. Many people are looking to invest in these digital assets. While there are dozens of metaverse coins available on the market, some of the most popular include Bitcoin, Ethereum, and Litecoin. Bitcoin is the original metaverse coin and remains the most well-known.

Ethereum offers a unique platform that allows developers to create decentralised applications. Litecoin is often seen as a more affordable alternative to Bitcoin. Metaverse coins have grown in popularity due to their potential for high returns and use as a store of value.

Each metaverse coin has its own set of rules and regulations.

For example, Avacoins can only be used to purchase items in the Avatar Marketplace. In contrast, Linden Dollars can be used to buy things in the Second Life virtual world.

Metaverse coins are becoming increasingly popular as more people spend time in virtual worlds. With metaverse coins becoming more mainstream, we will likely see even more innovation in this space in the years to come.

## How to Buy Metaverse Coins

To buy metaverse coins, you will first need to create an account with a metaverse exchange. You then need to deposit funds into your account.
You can do this by linking your bank account or credit card or using a cryptocurrency exchange. Once funds are deposited, you will be able to purchase metaverse coins. To do this, select the desired amount of coins and click "buy."

Your metaverse coins will then be delivered to your account. You can hold these coins in your account or transfer them to a metaverse wallet. When ready to sell, select the number of metaverse coins you wish to sell and click "sell." Your metaverse coins will then be transferred to your account.

## Tips for Storing and Using Your Metaverse Coins Safely

As the use of metaverse coins grows, it is important to be aware of how to store and use them safely. Some ideas for keeping your metaverse coins safe:

•	Store your metaverse coins in a secure wallet.
•	A good metaverse wallet should have security features such as two-factor authentication and a backup system.
•	Be careful when sharing your metaverse coin addresses.
•	Only share your address with people or businesses that you trust.
•	Keep your metaverse coins in multiple wallets.
•	This way, if one wallet is compromised, you will not lose all of your metaverse coins.
•	Do not store large amounts of metaverse coins on exchanges.

Exchanges are often targets for hackers, so it is best only to keep the number of metaverse coins you need on an exchange and store the rest in a secure wallet.

## Conclusion

In conclusion, there are a variety of metaverse coins to choose from. Each has its own unique set of pros and cons, so it's essential to do your research before deciding and before investing in any metaverse coin.

Consider the pros and cons of each type of coin and which projects are being built on the metaverse platform.
With careful consideration, you can find a metaverse coin that is right for you and will hold its value over time. Remember to store your coins safely and use them only for transactions you trust.


Metaverse Coin: Which One is Best for You?

Before we consider the top Metaverse coins, we need to understand the Metaverse.
Mark Zuckerberg’s strange virtual replica as he unveiled Facebook-rebranded-as-Meta. A digital art gallery in Decentraland. Live concerts in the immersive [Fortnite](https://www.epicgames.com/fortnite/en-US/home) universe. Whatever it is, there's no escaping the internet's favourite buzzword: “Metaverse."

## What is Metaverse?

This technology hybrid combines virtual reality, augmented reality, and video, which allow users to “live” within a digital universe. Supporters of the Metaverse imagine its users engaging in an activity such as working/playing and staying connected with friends through activities ranging from concerts and conferences to virtual world travel. Even though the Metaverse is still in development, some see it as the future of the internet. This includes Facebook's Mark Zuckerberg, who has rebranded the company as Meta.

Already, among other things, the Metaverse provides opportunities for gaming, education, commerce, virtual real estate, social networks, and entertainment. The Metaverse, unlike existing social networks, is powered by blockchain, incorporates cryptocurrencies, and gives users ownership of their digital avatars and assets.

## Top Metaverse Coins

Although there are different Metaverse [coins to buy](/news/article/which-crypto-roundup), invest in, or trade, the top four metaverse-themed cryptocurrencies are:

Gala: Gala Games, with 1.3 million monthly active users, is at the epicentre of the blockchain gaming revolution. It is a blockchain-powered gaming ecosystem with several games in testing or development. Gala was founded in 2019 by an American named Eric Schiermeyer, also co-founder of game titan Zynga, with the primary goal of creating enjoyable games that incorporate essential enigma for growth, such as play-to-earn, NFTs, music, and community engagement as part of their core strategy.

AXIE Infinity: You can earn AXS, Axie Infinity's utility and governance token, by joining the 2.8 million players who log in every day. Play-to-earn accounts for 20% of the AXS supply. In addition, after the introduction of staking, to which Axie Infinity allocated 29% of the AXS supply, interest in AXS has skyrocketed. (Staking grants crypto investors the opportunity to earn rewards by temporarily locking in their coins to help verify the transactions of a blockchain network.) So, if you don't want to play the game, but want to invest in the Metaverse’s growth, you could buy AXS and stake it to earn annualised rewards currently estimated 70%-plus. While this sounds appealing, the rate of return is not guaranteed, and the monetary value of your rewards could be much lower if the price of AXS falls.

[Decentraland](/coins/mana): Enter Decentraland, a virtual world. The Metaverse is more than just a gaming environment; it's a shared digital world where you can create environments and digital exchange assets, such as NFTs, with others. Decentraland is one of the success stories from the 2017 ICO boom, having raised approximately $26 million in ether from investors.

Sandbox: Like Decentraland, the Sandbox is an Ethereum-based 3D virtual environment where users can buy, trade, share, and monetise digital assets.
The Sandbox, launched in 2011 by Pixowl, was a successful mobile gaming platform with 40 million downloads before it became a blockchain-based 3D metaverse in 2020. The following year, it received a $93 million investment led by Softbank. Atari, CryptoKitties, and rapper Snoop Dogg are among the Sandbox’s 50+ partners.

The crypto market never gets boring, and who doesn't like waking up to new things every day?
 
 



Top Metaverse Coins: Which Cryptocurrencies to Watch

Bitcoin paved the way for other cryptocurrencies. There are thousands of coins and many more new crypto coins yet to launch. Where does this leave the almighty [Bitcoin](/coins/btc)?

## What Are Altcoins?

Altcoins are cryptocurrencies that are not Bitcoin. In other words, they are alternative coins to Bitcoin. These coins share similar characteristics with Bitcoin but can improve their features. 
Ethereum is the second-largest cryptocurrency after Bitcoin, making it the largest altcoin based on market cap. Some other major altcoins are Binance, Solana, and USDC.

New crypto coins are emerging. Based on the level of advancement in the crypto world, they are likely to do even better. For example, there were older cryptocurrencies before Solana launched, yet it is currently one of the largest coins in the crypto space.

There are more than 14,000 altcoins; some are still rising in price while others have been struggling to stay relevant. Despite the number of altcoins available, in November 2021, according to (CMC) CoinMarkeyCap, Bitcoin and Ethereum had 60% of the cryptocurrencies available in the market, while altcoins accounted for the remaining 40%.

Currently, the price of Bitcoin influences most cryptocurrencies, a significant change in the price of Bitcoin leads to a significant change in the price of altcoins.

## Type of Altcoins

There are different types of altcoins and different categories based on their functions. Each of these categories plays a different role in the crypto world. The categories include;
Mining-based coins

Like Bitcoin, these coins are mined to create more and serve as a way of controlling the circulation of the coins. Some examples of mining-based coins are Litecoin and Zcash.

### Stablecoins

Stable coins play a really important role for investors in the crypto market. They are called stable coins because they are influenced by fiat currencies, for example, US dollars. Stable coins include NUSD, NUSD, and USDT. 

### Meme coins

These are usually short-term gain coins. A joke on existing popular cryptocurrencies inspires meme coins. Examples of meme coins are Shiba Inu and Dogecoin. 

### Security tokens

Security tokens are a replica of the traditional stock. 

### Utility tokens

These are tokens used to provide services within a network. An example of a utility coin is Filecoin. 

### Are Altcoins Good Investments?

Profit and loss in cryptocurrency trading depend on the coin you invest in. So the first step in determining if a coin is a good investment is to DYOR. With that, you will be able to figure out if the coin is worth the risk.
Not all altcoins are good investments, although many have proven profitable.

Generally, investing in cryptocurrency is risky as it is a volatile market. If you invest, ensure that you do proper research, especially on new crypto coins, and take wise risk decisions.

## Are More Altcoins Needed in the Market?

The emergence of new crypto coins positively impacts the crypto market. Bitcoin is out of reach for most crypto investors based on its current price. There are lots of altcoins with good potential going for a way lesser price compared to Bitcoin. 

Some new crypto coins are making waves in the crypto world and making their investors rich. Meme coins may be short-term gain coins and have a high level of volatility, but that doesn’t change the fact that it has made many millionaires overnight. 

More altcoins mean more opportunities for cryptocurrency investors. It is up to you to ensure that you are making the right investments.

## What Do Bitcoiners Think About Altcoins?

Altcoins are more advanced than Bitcoin and are considered good alternatives. Despite all the new features altcoins possess, Bitcoin still stands as the most popular and most prominent cryptocurrency in the crypto space.
Bitcoiners may not be too open to new crypto coins, but the fact is that the entire crypto space is aware of the positive impact altcoins have on the crypto market. 

Bitcoin remains the number one cryptocurrency in the whole crypto market. Bitcoiners are aware that these new crypto coins cannot replace Bitcoin.


New Crypto Coins: Good News for Bitcoin?

Moon Litecoin is one of the best faucets that allows anyone with an internet connection and a crypto wallet to earn free Litoshis daily. As of writing, [Litecoin](/coins/ltc) had a trading price of around $94.42.
Crypto faucets are websites or applications that reward users with a small number of digital assets for completing easy tasks.

According to analyst [Eric Nkando](https://www.fxleaders.com/forecasts/crypto/litecoin-price-forecast/) at FX Leaders, the growing adoption of cryptocurrencies could see LTC trade for the best possible price of $1,000 by the close of 2025.

This is a great reason to seek more Litecoins so that you can earn more passive income from cryptocurrency.
Now that you know Litecoin price predictions in the medium term, let us review Moon Litecoin so that you can start collecting Litoshis.

## What is Moon Litecoin? 

Moon Litecoin is a website that allows you to earn free Litoshis as a reward for completing tasks such as surveys, viewing ads, and solving captchas.

Litoshis are fractions of Litecoin. Mathematically, 1 LTC equals 100 million Litoshis.
Litecoin was based on Satoshi Nakamoto's Bitcoin. As a result, LTC can be divided into eight decimal points. This is the primary reason why 1 Litoshi equals 0.00000001 LTC.

The Moon Litecoin faucet platform is part of the Moon Series which also features Moon Cashcoin, Moon Dashcoin, Moon Dogecoin, and Moon Bitcoin.  

## When Was Moon Litecoin Started? 

There are whispers in the crypto community that the Moon Series was launched around 2014. On the part of Moon Litecoin, many believe that LTC was added to the Moon Series in 2015.

## Is Moon Litecoin the Best Faucet? 

While other faucets allow you to earn Litoshis every 60 minutes at worst and every 30 minutes at best, Moon Litecoin rewards you with 1,000 Litoshis every 5 minutes.
Aside from Moon Litecoin, other ways to earn LTCs include Faucetpay, Allcoins.Pw, Cointiply, FreeLitecoin, Litecoin-Faucet, InstantLTC, Coinpayu, Autofaucet Dutchycorp, FreeFaucet, and Firefaucet.

## How Do I Use Moon Litecoin Faucet? 

To begin your journey of earning free LTCs every five minutes from Moon Litecoin, you need to have a smart device such as a mobile phone, tablet, pad, or laptop.

In addition to this, you need a crypto wallet to which the Litoshis will be sent. Moon Litecoin can be integrated with the CoinPot wallet. You can download CoinPot from Google Play Store.
What’s more, you will need to access the Moon Litecoin website. Without having access to this platform, you cannot earn free Litoshis.

## How Does Moon Litecoin Work? 

As part of the Moon Series, Moon is primarily a crypto faucet.
It liaises with third parties to run several promotional events. When you interact with the ads on their platform, you are rewarded with a small percentage of what Moon is paid in the form of Litecoin. After that, your Litoshis are deposited into your integrated CoinPot wallet.

## How Do I Earn Litecoin? 

Create a wallet address on CoinPot by inputting an active email address. CoinPot will send you an email for confirmation.
Visit Moon Litecoin using the same email address you employed for CoinPot.

After you sign up for an account, a captcha will appear which you have to solve.
After confirming you are human and not a robot, you will be asked to solve problems. A great example is selecting images of Chimneys or bicycles.

Once done, solved ads will be shown on the webpage.
Once the captchas have been resolved, scroll down to see if Litoshis appear in your CoinPot wallet.
After 5 minutes, you can go over the process again.
 
## Is Moon Litecoin Good for Beginners?

Moon Litecoin is the one best online faucet and one of the best methods to earn free LTCs.
Once you set up a wallet address through CoinPot, you can start earning within minutes as soon as you integrate your wallet on the Moon Litecoins website.


Moon Litecoin Faucet: Earn Free LTC in 2022

## Are you aware of [Bitcoin's](/coins/btc) growing energy problem?

The process of mining Bitcoin has resulted in a growing energy problem. This has turned it into a topic of heavy debate over the past few years.

Bitcoin mining is becoming more and more controversial because of its highly energy-hungry process by design. The cryptocurrency requires enormous hash calculations to process financial transactions without intermediaries. The primary impetus for each of these calculations is electricity. This article will discuss Bitcoin server mining, its growing energy problem, and why it has become a point of concern for the globe. 

## What is Bitcoin Server Mining?

Bitcoin server mining is creating new Bitcoins by solving complicated math problems. It consists of computing systems with specialised chips competing to solve mathematical puzzles. The mining process verifies transactions on the cryptocurrency's network and makes them reliable. When you successfully mine a Bitcoin, you will receive a predetermined number of Bitcoins.

## How Much Energy is Consumed?

Bitcoin's estimated energy consumption shot up from an annual rate of 6.6 terawatt-hours in 2017 to 138 terawatt-hours in early 2022. That's more energy than the annual consumption of countries like Sweden, Norway, and Malaysia.

## Why Does Mining for Bitcoin Use So Much Energy?

Bitcoin mining consumes a lot of energy to help computers solve complex mathematical problems to verify transactions. The intricacy of the calculations increases as the number of Bitcoin miners grows, forcing them to invest in even more powerful machines and more giant server farms for competitive advantage.

However, the Bitcoin proponents say the cryptocurrency still only uses a minute proportion of global electricity consumption – less than what's required to power the world's Christmas lights.

## Are We Trying to Reduce the Carbon Footprint?

As the debate over Bitcoin's growing energy problem raised climate concerns, many miners worldwide have been trying to embrace green energy in mining. The strategies miners should use to reduce carbon footprint include:

•	Improving mining processes
•	Cleaning up electricity supply
•	Shifting to renewable sources
•	Optimizing transportation
•	Reducing waste

## Are Bitcoin's Emissions Dropping?

While notable personalities like Elon Musk, Michael Saylor, and Jack Dorsey exhort the industry to fuel-switch green energy, there has been a surprise increase in global carbon emissions. According to one of the leading energy journals, [Elsevier's Joule](https://www.journals.elsevier.com/joule/recent-articles), the share of renewables in the overall energy mining dropped from 42% in 2020 to 25% in August 2021. Likewise, the carbon footprint from generating electricity grew by 17% between 2020 and 2021.

## Has the Climate Concern Impacted the Crypto Markets?

Yes, it has. Elon Musk, the chief executive of Tesla, said in February 2021 that the company had invested $1.5 billion in Bitcoin. He added that it would accept the cryptocurrency as a payment method for its products. This move made the digital currency more popular with investors. However, Musk later that year announced a stunning turnabout that Tesla had suspended vehicle purchases using Bitcoin due to its climate change concerns. The decision provoked a sell-off in Bitcoin that affected many other cryptocurrencies.

## What is the Most Efficient Bitcoin Miner?

The widely considered best Bitcoin miner is Antminer S19, followed by WhatsMiner M30S+ and AvalonMiner 1246. This mining hardware varies in power consumption, hash rate rating, and price. You can use profitability calculators with mining pools to find the best one for you.

## What Does the Future Hold?

Bitcoin's critics say the energy-hungry "proof of work" (PoW) system used on its blockchain was never designed to hold up what's now a trillion-dollar asset. This debate gave the backers of rival cryptocurrencies a chance to seize on Bitcoin's growing energy problem as an argument to shift to lower-power alternatives. Ethereum is widely expected to switch from energy-consuming PoW to "proof of stake" (PoS) by 2022. This will slash its estimated energy consumption by about 99%. Like Cardano and Solana, many newer blockchains also use variations of "proof of stake" as an alternative process that takes up less electricity.

The bright side is that Bitcoin's development community is experimenting with solutions to improve its energy efficiency, which may alleviate the climate concern. What the future holds for Bitcoin server mining and investors is still unknown. However, it remains the world's dominant cryptocurrency despite many challenges.


Bitcoin's Growing Energy Problem - All Revealed

[Bitcoin's](/coins/btc) price rose above $30,613, increasing by 5.62% in the last 24 hours. [Ethereum's](/coins/eth) price also rose by 7.02% to $1,902 in the same time frame.  

The [Bitcoin (BTC) price](https://coinmarketcap.com/currencies/bitcoin/) remained far above the $28,500 support zone and began a new upward trend over the $29,200 resistance mark. As of writing, the price has surpassed $30,600 and has increased by more than 5% in a single day. 

Similarly, the price of Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, is back over the $1,850 resistance level and is up 6% in a day.

BTC and ETH were not along in experiencing 24 hours of notable value rises on the cryptocurrency markets.
Ripple (XRP), which is another major altcoin, was aiming for an upward break over $0.40. ADA gained 12% and broke through the $0.50 resistance level. 

## Bitcoin Price Rises

The Bitcoin price began to rise steadily after establishing a solid base at $28,500. BTC surpassed $30,000 and entered the positive zone. The next significant resistance level is at $30,500. A clear move above $30,500 may signal the start of a more rapid rise. It might rise to $32,000 in this case. On the downside, $29,500 provides immediate support. The major weekly support is at $28,500. 

## Ethereum Price Update

Ethereum's price stayed firmly over $1,700 and began a steady rise above the $1,850 resistance zone. On the flipside, immediate resistance is found at $1,920. The next significant barrier is at $1,950, over which the price might break $2,000 for the first time in months. If there is a downward correction, the market may find offers, around $1,820. The next big support is at $1,750. 

A co-founder of a cryptocurrency exchange stated that Bitcoin remains stable. Although, reaching its ultimate strength will take time, experts have observed.

Over the previous 24 hours, the overall cryptocurrency market volume has climbed by 4.74% to $53.47 billion.
Keep following Latest Moni from Moni Talks for the latest cryptocurrency price rise news, breaking market stories and blockchain insight.


Bitcoin Price and Ethereum Price See 24hr Rise

Chia Network, one of the "greenest" blockchains, recently became a partner of the Blockchain Association. It's a move that will, most probably, have a reasonable impact on Chia coin price prediction. 

“Together, we'll work to educate policymakers on the growth and application of the Chia blockchain and represent the needs of our development community and farmers around the world,” the company [said](https://www.businesswire.com/news/home/20220518005432/en/Chia-Network-Joins-the-Blockchain-Association-to-Amplify-Policy-Efforts) after the industry lobbying group confirmed its plans to add new members.

The move came as a logical sequel to the last week's stablecoin [Terra collapse](/news/article/luna-price-prediction). It will probably make crypto lobbyists even busier.
According to Gene Hoffman, president and chief operating officer of Chia Network, the company intends to establish an accommodating structure for the future of DeFi. Therefore, a partnership with the Blockchain Association will enable both parties to develop both legal and institutionalised systems through which crypto technology and blockchain will be adopted more quickly. 

By this contract, Chia Network XCH is obliged to participate with the Blockchain Association in "regulatory analysis and insight". It will also create a platform to amplify the continued growth, development, and application of the Chia blockchain and technologies”. Furthermore, this eco-friendly cryptocurrency keeps representing “the needs of its farmer and developer communities within the industry and to regulatory stakeholders”.

## Bullish Chia Coin Price Estimates

This seems to be the essential catalyst for the Chia coin price prediction because even though investments in energy-conscious tokens are rising over the years, the overall crypto market has been, for some time, on a roller coaster ride. However, analysts agree that Chia (XCH) crypto price prediction is the most encouraging, and this partnership can only help.

At the time of writing, XCH was trading at $33.59, according to Coinmarketcap.com. Its market cap stands at $134.9 million and is fully diluted to approximately $841 million, which looks like a promising future for a currency.

The cryptocurrency recently also confirmed a partnership with Stably to launch a new dollar-pegged stablecoin, dubbed USDS, to support its product 'Offers' within the Chia blockchain.

Not long ago, California-based Chia also had a "long and friendly" conversation with the SEC about the company's operations, where it was determined that while the SEC has many concerns regarding crypto projects, most of them do not apply to Chia. 

With SEC’s blessing and a growing DeFi operation, Chia has a case for a bullish Chia coin price prediction.

## Chia Price Forecast

Chia coin's price prediction shows that despite the bullish perspective on the Chia price forecast for June-July, Chia price could find itself in a temporary fall and hover around $35.

However, later in the year, the coin price could end its descent with strong growth to around $61, at which level the coin should stay by the end of the year.

For 2023, analysis hints that Chia crypto price will go through the tightening coming with a $136 upside potential breakout offering, but afterward jump above $200.

In 2024, Chia Network is predicted to reach approximately $232, while the price of 1 Chia is expected to rocket to $338 in 2025.


Chia Coin Price Prediction - Where Next?

Is [Voyager crypto](https://www.investvoyager.com/) on a voyage to the moon? Some people seem to think so. They point to the partnership with Blockstream as evidence that this up-and-coming cryptocurrency is destined for great things. But others believe that this moonshot is destined to bust. So, which is it?

In this article, we will take a closer look at Voyager crypto and try to determine whether or not its journey to the moon is worth taking.

## What is Voyager Crypto?

Voyager crypto is a new platform that aims to revolutionise the world of cryptocurrency trading. With its advanced algorithms and innovative tools, this platform is designed to make buying and selling cryptocurrencies easier, faster, and more secure.

Unlike traditional exchanges, Voyager crypto offers a wide range of currencies and accessible trade volumes, as well as robust security features to help protect user accounts.
The platform also offers extensive educational resources to help beginner investors get started with crypto trading, and customer support to help users navigate the ever-changing world of crypto investment.

Overall, Voyager crypto looks to be the future of cryptocurrency trading, with its cutting-edge technology and focus on accessibility for all traders.

## What is Voyager Crypto's Plan?

Voyager crypto wants to be a leading global crypto exchange. To achieve this goal, it focuses on providing 'high-quality' services that cater to the needs of all traders, from casual hobbyists to experienced professionals.

The platform is designed with 'user-friendly' features that make it easy to find and execute trades, no matter the expertise.

By drawing on experience in trading and financial technologies, and with input from users across all levels of experience, Voyager crypto aims to be a leader in the rapidly evolving world of blockchain and cryptocurrency.

## What Challenges Does Voyager Crypto Face?

First, the company must overcome the challenge of building trust with potential customers. Voyager crypto is a new entrant to the cryptocurrency space, so people are unfamiliar with the company and its offerings.

The company will need to build a strong marketing and PR campaign to raise awareness of its brand and convince people to use its products and services.
Secondly, Voyager crypto will need to deal with the cryptocurrency market's volatility. Cryptocurrencies are known for their volatility, making it difficult for a company like Voyager crypto to achieve consistent growth.

Finally, Voyager crypto will need to contend with regulatory uncertainty. The cryptocurrency space is still relatively new, and there is much uncertainty around how regulators will treat it in the future. This could threaten the business model's viability.

Nevertheless, Voyager crypto has potential. If these challenges are overcome, it could be a significant player in the cryptocurrency space.

## Is Voyager Crypto a Moonshot or a Bust?

Founded in 2018, New York-based Voyager offers a mobile app and a desktop platform, both designed to be user-friendly and easy to use. Voyager also offers commission-free trading and instant withdrawals.

Regulated by the SEC and a member of FINRA and SIPC, Voyager is also one of the only digital asset brokers that offers FDIC-insured deposits.

Only time will tell if Voyager is a moonshot or a bust.

Voyager crypto has only been around for a few years, and it's still in the early stages of development. However, it has already made a big splash in the world of cryptocurrency.
So far, Voyager crypto seems to be off to a strong start, but time will tell if the momentum can be sustained.

## Voyager Crypto's Chances of Success?

Voyager is built from the ground up with scalability and security in mind. The developers behind Voyager believe that this will make it easier for people to use crypto for everyday transactions, such as buying goods or paying bills.

In addition, Voyager has made a commitment to transparency and accountability, incorporating mechanisms such as governance models and vesting schedules into its design.

## Conclusion

Voyager crypto has potential, and if it can overcome the challenges posed by volatility and regulatory uncertainty, it could become a significant player in the cryptocurrency space.


Voyager Crypto on a Voyage to the Moon?

It isn't just about ETH to GBP values. [Ethereum](/coins/eth) is the most well-known of altcoins, and it's much more than just another cryptocurrency for many investors and enthusiasts. Experts say that this innovative platform could grow in value by 400% in the coming years, making it an appealing option for anyone interested in diversifying their digital investments.

Launched by [Vitalik Buterin](https://time.com/6158182/vitalik-buterin-ethereum-profile/) in 2015, ETH, or Ether, has seen incredible growth since its creation. With a price ranging from a low of $0.311 at launch to an all-time high of nearly $5000 late last year, Ether is a highly volatile currency with plenty of opportunities for those willing to take on risk. And despite recent drops below $2800 over the weekend, Ether still offers a powerful return on investment for individuals who purchase at the right time, representing a lifetime ROI of over 700,000%.

Ethereum's popularity is partly due to its utility as a software network that allows developers to build and power NFTs, apps, and new tools. The blockchain-based software network includes several functions and applications all over the tech globe, especially for decentralised finance (DeFi), gaming, entertainment, and music. With multiple potential uses, it's no wonder Ethereum is one of the most popular cryptos.

Since Ethereum's inception in 2014, its price has been on a rollercoaster ride. ETH cost has fluctuated wildly in the past year, rising from around GBP 100 in early 2020 to GBP 900 by December. And while the current ETH to the GBP exchange rate is around GBP 450, experts believe that Ethereum still has a lot of upside potential. Its annualised ROI since 2014 is nearly 300%, meaning early investors have quadrupled their investment every year.

## So what's driving Ethereum's price projections?

### Ethereum Price Projections

Looking to venture into the cryptocurrency craze, but unsure where to start?

There is no easy answer when it comes to predicting the price of Ethereum or any other cryptocurrency. Many experts agree that it is nearly impossible to accurately predict the future price of a volatile commodity like Ethereum. However, they note that Ethereum has seen tremendous growth in recent months and is poised for even more success in the coming year.

Some have suggested that Ethereum's transition to "Ethereum 2.0" could significantly drive growth in the coming months, making ETH even more appealing and sustainable for widespread use. Will that happen? Who knows - for now, there is no doubt that ETH is an exciting investment opportunity worth keeping an eye on.

Given these variables, here are some expectations for Ethereum's value throughout the year:

### $12,000+
 
The price of Ethereum has been rising in recent months, and Coinpedia predicts it will continue to grow in the coming years. If Ethereum's anticipated Ethereum 2.0 transition is successful, the price could reach as high as $12,962.33 by 2022. The latest upgrades could potentially make Ethereum more cost-effective for users to mint and create products.

With the new upgrades, Ethereum could become a more viable option for developers and users alike, leading to even more growth in the coin price. Only time will tell if Ethereum 2.0 will be a success, but if it is, it could significantly impact the cost of Ethereum.

### $6,500-$8,000

When Coinpedia predicted that Ethereum (ETH) could hit prices between $6,500 and $7,500 by 2022, many in the crypto community noticed. While this bullish sentiment seemed to hold true at first, it quickly became apparent that Ethereum's price would not arise purely from sentiment.

In recent months, the rising price of Ether has captured the attention of investors around the world. According to Henri Arslanian, a global crypto leader at PwC, ETH to GBP is currently "the only show in town." However, demand and functionality will need to improve for the ETH price GBP to continue rising and capture more market share in the crypto market.

Many experts speculate that this can be achieved through advancements in blockchain technology and a growing awareness of Ethereum's capabilities among businesses and consumers alike. For example, Ian Balina has remarked that ETH could potentially reach $8,000 by taking advantage of its leadership position and overcoming its current shortcomings related to high gas prices and slow transaction speeds.

### $4,000-$5,000

ETH is currently in a good place. The cryptocurrency has been on the rise since early 2021 and shows no signs of stopping. Predicting the price of a volatile cryptocurrency is hard, but most experts agree that Ethereum could reach $4,000 again by 2022. In fact, Bloomberg intelligence analyst Mike McGlone recently predicted that Ethereum could end the year between $4,000 and $4,500. All in all, it looks like ETH is slowly but surely climbing up to where it belongs.

## What Drives Ethereum's Price

Ethereum is renowned for being the first blockchain to utilize smart contracts. These innovative features have contributed to Ethereum's popularity and helped it earn a reputation as one of the leading contenders in the fast-growing world of blockchain technology.
However, in recent years, a new wave of ETH alternatives has emerged, bringing similar capabilities and changing the demand dynamics for ETH.

Several key factors impact ETH prices and can potentially influence its value positively and negatively.

## Utilisation and High Traffic

With the advancement of smart contracts and non-fungible tokens on the Ethereum blockchain, artists and creators have taken control of their digital creations in a whole new way. This has been a blessing for the blockchain, as it has helped to grow both the popularity and adoption of Ethereum. However, some view this growth as a curse. The high transaction volume on the Ethereum network has created what some call a "bottleneck" on the blockchain.

In other words, the increased popularity of Ethereum has made it difficult for users to transact efficiently due to congestion and high transaction fees.

In recent years, the popularity of Ethereum has risen dramatically, primarily driven by the growth and success of blockchain-based applications and other decentralized technologies. However, in the meantime, several new companies have emerged that are creating competitive solutions to the existing Ethereum platform.

These add-on solutions, known as Layer 2s, are designed to work on top of the current Ethereum network. In contrast, entirely new blockchain networks - also known as Layer 1s - have been released as potential alternatives to Ethereum. As a result, these emerging competitors have begun to pull users away from the Ethereum blockchain and into their platforms, creating a steadily growing climate of competition within the marketplace.

For investors interested in how these trends could affect the value of their investment in Ethereum, this increased competition is somewhat bittersweet. While it suggests that users are still enthusiastic about blockchain technology overall, it may lower demand for ETH to GBP conversion or ETH price GBP if users opt instead for alternative blockchains with more established track records. Ultimately, only time will tell how these trends affect market positioning for ETH trading and ETH price forecasts within this rapidly changing landscape.

## First Mover Advantage

Ethereum has been a crucial player in the cryptocurrency world since its launch in 2015. Since then, many other cryptocurrencies have entered the market, including some more environmentally friendly than Ethereum. However, experts believe that Ethereum's "first-mover advantage" will help it maintain its position in the market.

Cryptocurrencies are only valuable if a community of users is willing to buy and sell them. Thankfully, Ethereum has a first-mover advantage and a large and committed community of users. This makes it well-positioned for long-term success.

Ethereum, which by market capitalisation is the second-largest cryptocurrency, is well-positioned to meet future demand growth, experts say. Although new blockchains like Solana and Cardano provide similar functionality, Ethereum has a large and active user base that is likely to continue to grow.

Additionally, Ethereum developers have shown a willingness to expand capacity if needed rapidly. For now, it appears like the Ethereum community is content to wait and see if additional power is required. However, if demand increases, Ethereum is well-positioned to meet that demand.

## Competition from 'Ethereum-Killers'
 
In 2021, the terms "cryptocurrency" and "NFT" entered the mainstream consciousness, signaling a growing interest in Web3 technologies and their potential to revolutionize the internet's interaction. With its focus on improved data security, transparency, and user ownership of digital assets, Web3 has quickly become a hot topic in tech circles.

Companies like Ethereum and other leading blockchains like Solana, Cardano, and Tezos have been at the forefront of this emergent movement. Driven by ambitious goals to develop new infrastructure that will power the future vision of a truly decentralised web, these organisations have attracted significant investment from visionary investors who see parallels between today's Web3 pioneers and those involved in the dot com boom of the late 90s.

As more users flock to Web3 platforms, it seems certain that this groundbreaking technology will play a pivotal role in shaping our technological landscape for years to come. Whether it's ETH to GBP conversion or ETH price GBP exchange rates, there is no doubt that Web3 represents an exciting chapter in the evolution of our increasingly connected world.

## The Future of Ethereum

As the saying goes, "April showers bring May flowers." And after a long winter, nothing feels more refreshing than warmer weather and brighter days. For Ethereum, the past few months have been something of a downer. Despite ongoing optimism from the crypto community, Ethereum has been struggling to find its footing following a period of intense volatility. However, there is reason to believe that Ethereum will come back soon.

According to Arslanian, Ethereum currently holds over 90% of the NFT market. He expects this year to be a make-or-break year for the innovative contract blockchain. Zannos similarly believes that Ethereum has what it takes to rebound from its current slump, citing the strong community momentum as a critical factor in its favor.

So, while we wait to see how things will play out, there's reason to believe better days ahead for Ethereum.



ETH to GBP: Is Ethereum the Next King of Crypto?

[Cardano](https://cardano.org/) has been a promising investment based on historical price action. It is a blockchain-based project with more than 70% of the total currency, ADA, staked for network validation.

A reason that so much ADA is staked is the cryptocurrency's dearth of decentralised applications (dApps) open on its blockchain.

The Cardano project was initiated in 2015 to unravel some of the issues that [Ethereum](/coins/eth) encountered from its Proof-of-Work consensus model. Cardano was officially launched by Charles Hoskinson, a co-founder of Ethereum.

Notable Cardano key advancements are multiple processing layers for settlements and computations, Proof of Stake consensus, and the flexibility to update its network efficiently in the future.

The Cardano settlement layer was founded in 2017 and raised around $63 million via the ADA ICO. The settlement layer excludes smart agreements, so Cardano can only be used to resolve peer-to-peer payments right now. The ever-growing team of designers has been working hard and preparing to launch smart agreements on the Cardano Computation Layer.

## Cardano Development

Cardano presently has between 100 and 150 developers working on the project and drives around 700 commits every week. These aspects advance the cryptocurrency as one of the most significantly-developed projects in the blockchain sector today.

## Cardano Smart Contracts

A common critique of Cardano is its non-existent DeFi ecosystem. Since the launch of smart contracts on September 12, 2021, investors have expected to see an ecosystem be built-out soon. However, Cardano's smart contract update didn't work efficiently. The ADA price went down after applications were incapable of working on the new software.

Coming to 2022, Cardano developers are planning to enhance smart contract execution and scalability through new release deployments. As per Cardano's communication supervisor, there will be three primary code drops this year. The first one launched in February, and the following two are scheduled for June and October. Cardano smart contracts will operate on the Cardano computation layer, which will back legacy Solidity contracts and its language, Plutus.

## Cardano Partnerships

Cardano has already established outstanding partnerships with universities, governments, and enterprises. Hoskinson has worked hard to see Cardano's potential come to fruition in Africa, where he considers blockchain can bring a massive impact.

New Balance also has programs to use Cardano's network to track its progress.

## Is Cardano a Promising Investment?

Cardano is a promising application in the blockchain space today, with solid fundamentals and highly driven momentum behind the project.

Cardano has a solid technical base and outstanding developers with impressive plans. It could be a win-win situation for crypto investors to have this crypto coin in their portfolio.
Remember, this is just my opinion and not financial advice. Crypto investments are innately risky, and you should not invest any money you are not willing to lose.


Is Cardano a Good Investment?

Wondering where the Luna coin will stand in the future amid its recent debacle? Read below to find out what experts say about Luna’s price prediction in 2023, 2025 & 2030.
The crypto market has been experiencing a decline since the start of this year. But, after reaching its highest, the sudden collapse of Luna by terraform labs in May 2022 has further worsened the situation. Today, investors lack confidence in the crypto market. Whereas all the top coins like BTC, ETH, and BNB are also losing their value.

The downfall of Luna has left a severe impact on the entire crypto market. And we might continue to experience its aftershocks for a long time. So, if you’re a Luna investor or not, you must follow the Terra Luna price predictions after the crash closely!

## How did Luna crash?

To understand the Terra Luna debacle, you must know how Terra operates. Terra blockchain works on the swapping mechanism of two coins; UST and Luna. UST is a stable coin pegged with fiat currencies like the US Dollar. This blockchain maintains the stability of UST at $1 by paying you through Luna. Also, its Anchor protocol allows you to get a 20% yield if you buy and deposit UST to it.

But, as a crypto whale bought $285 million of UST with [Bitcoins](/coins/btc), its price drastically decreased to under $1. This led to UST losing its peg to the US dollar, and its native coin, Luna's price, also dwindled. Because of that, holders started to liquidate their profits, causing the entire Terra Luna ecosystem to crash.

As of 23 May 2022, Luna is worth only $0.00019, which was around $116 in the previous month. Comparably, the current price of UST is $0.07112, which was maintaining its price at $1.

## Can the Terra Luna Ecosystem Recover? - Terra Luna Price Predictions

Can we expect the revival of the Terra Luna ecosystem or not? It is almost impractical to guess it because of the high volatility in the blockchain. But, observing the long-term Terra Luna price predictions might help us evaluate the situation. Let’s take a look!

### Terra Luna Price Predictions 2023

According to the DigitalCoinPrice current estimates, Luna will be averaging $0.000273 next year. Its lowest price will be $0.000253, and it can go to a highest of $0.000302.

### Terra Luna Price Predictions 2025

Luna Price predictions for 2025 suggest that it will be averaging $0.000372 and can reach the maximum price value of $0.000400. Yet, the minimum price of Luna will be around $0.000331.

### Terra Luna Price Predictions 2030

The forecast does not suggest Luna go bullish till the year 2030. It will still be maintaining the average price of only $0.000884 in 2030. It might reach the highest of $0.000903, whereas its lowest price will be $0.000848.

## Is Luna Coin a Good Investment?

Luna's price today and the Luna price predictions till 2030 do not suggest that it will regain its position. According to the forecast, Luna is unlikely to reach the $1 mark.

But, as the Terra Labs are taking some majors to revive the ecosystem, investment in Luna is a gamble. So, if you are already holding the Luna coins, it is better to keep them and patiently hope for the revival of Luna.

Please note that our Luna price prediction is based on the general observation of the crypto market conditions and should not be taken as financial advice. If you are interested in investing in Luna coin, carry out your own research before coming to any conclusion.


luna coin logo in front of image of cryptocurrency price charts

Luna Price Prediction: Is it Buying Time?

Crypto Coin News

Crypto coins or tokens are representations of values stored on the blockchain. Cryptocurrencies, literally cryptographic currencies, are simply the digital, blockchain-based equivalent of our normal or 'fiat' currencies. The most famous (and first) crypto coin is Bitcoin. 

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Crypto Coin News | Page 19