Ethereum (ETHUSD)

[John Smith Kalk]

This year has seen the crypto space move deeper into the mainstream as more and more people invest in various digital assets across the market. As crypto has emerged so too has blockchain technology, which lays the foundation for cryptocurrency. With problems on the blockchain constantly being solved by new blockchains, the next year looks to be presenting some promising new projects that could change the face of the industry entirely. Ethereum’s network has been hampered this year by an increasing number of users making transactions on a blockchain whose technology sorely needs an upgrade. The upgrade in question – Ethereum 2.0 – has been delayed several times already but looks to be slated for completion next year.The move to Ethereum 2.0 will reduce transaction speeds and costs and will bring in the proof-of-stake protocol for mining, which is vastly more environmentally friendly than its current proof-of-work model.