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5 07, 2018

Ethereum and the Hyperledger: Bridging the Next Phase of the Blockchain

By |July 5th, 2018|Categories: |Tags: |0 Comments

Ethereum always seems to be in the blockchain news. Yes, Bitcoin remains the dominant force. Even though several popular blockchains employ smart contracts, only Ethereum has become synonymous with the term. Many believe that Ethereum is the most promising of the blockchains. This is hard to deny since so many new ICOs choose the platform to run their smart contracts. Smart blockchain applications continue to grow at an incredible rate on Ethereum. By itself, it may one day become part of every industry where blockchains can be applied. The growing speed of adoption of the Ethereum platform is no error in judgment. It is at the center of some of the more serious discussions about vital issues affecting the cryptocurrency market today. Some believe that Proof-of-Work is not necessary. If this were convincingly proven than Ethereum would be justified to move away from the system. It could survive the move whereas Bitcoin could not. In regard to blockchain development, there are concerns that Ethereum’s adoption is outpacing the capabilities of the platform. Solutions to this problem may be found in the hyperledger seeking [...]