Threats to Ethereum (ETH)

By Market Mad House on ALTCOIN MAGAZINE

The threats to Ethereum (ETH) are many and growing. Hence, the second most valuable cryptocurrency’s utility could soon disappear.

Notably, Ethereum’s Coin Price fell from $875.85 on 23 February 2018 to $148.18 on February 22, 2019, CoinMarket Cap estimates. Moreover, Ethereum’s Market Capitalization fell from $85.6645 billion on February 22, 2018, to $15.245 billion on 22 February 2019.

Dramatically, Ethereum lost nearly 85% of its value in less than a year. Hence, speculators underestimated the threats to Ethereum? Thus it is a superb time to examine and assess the many threats to Ethereum.

What are the Threats to Ethereum (ETH)?

The greatest threats to Ethereum in today’s market include:

The Blockchain Scalability Problem

Ethereum’s greatest weakness is that it can only process 15 to 20 transactions per second (TPS) depending on which critic you ask.

Ethereum is slow because all the encryption in the blockchain limits its capacity. Thus, there is limited room to move transactions in the Ethereum blockchains. This is bad for business because an Ethereum platform could crash if it tries to process over 15…