Criptocurrency News #2 – Ethereum Vs Bitcoin

Ethereum outnumbers bitcoin addresses. 
Today, july 6, 2021, ethereum has surpassed   Bitcoin to become the cryptocurrency with the 
most active addresses today, attesting to its   growing popularity as the underlying technology 
of most tokens from decentralized finance,   smart contracts, and non-tokens -fungibles, NFTs.
Ethereum had 766,519 active addresses in the last   24 hours, or 33.80% of all addresses in the 
cryptoactive market. Meanwhile, Bitcoin had   721,194 active addresses in the same period, or 
31.80% of the total, according to BitInfoCharts.  Bitcoin is still the cryptoactive 
with the highest market value,   with a capitalization of $638 billion.
Bitcoin remains the cryptoactive with the   highest market value today, with a capitalization 
of $638 billion. Ethereum comes next,   with a capitalization of US$267 billion, which is 
only 41.80% of the amount represented by Bitcoin.  The advantage of Ethereum is its multifaceted 
use in the DeFi and NFTs market, in addition to   the possibility of creating smart contracts and 
transactions with the native currency, ether.  On the other hand, Bitcoin has been consolidating 
itself as a store of value alternative,   as it was the first cryptocurrency in 
history and has a very limited emission.  Ethereum network must undergo 
major update in mining process.  The Ethereum network could undergo a major upgrade 
in less than a month, an important step towards   the transition from the consensus engine and 
the consequent end of cryptoactive mining.   Asset developer Tim Beiko has proposed 
that the “London” update take effect on   August 4th at block 12,965,000.

the blockchain is at block 12,775,000.   The decision will be taken at a developer 
meeting that will take place next Friday, 9.  One of the main features of this update will 
be to postpone the “Ethereum mining bomb”,   which will make Ethereum blocks more difficult 
to mine so that it is possible to transition   from proof of work, which is similar to the 
Bitcoin engine, to the proof of participation.  The proof of work requires computational 
effort to mine the blocks, which results in a   high consumption of electrical energy. However, 
when the proof of participation takes effect,   the blocks will be “mined” by participants who 
delegate 32 ETH to the activity, changing the   focus of the activity and avoiding wasting energy.
Risks of investing in cryptocurrencies.  Despite their attractiveness and their growing 
demand, Ethereum and other cryptocurrencies   have a lot of volatility. Their quotes have 
large fluctuations over short periods of time,   part of the reason they haven't taken 
off as a global payment method yet.   In addition, erratic market movements, the 
possibility of hackers stealing cryptocurrency   records and suspected market manipulation 
are also part of the investment risk.  Many transactions involving cryptocurrencies 
are carried out in an unregulated manner,   with operational and regulatory risks.

It is 
possible to find several cases where the money   simply disappears, is stolen by a hacker 
or the investor suffers a financial blow.  On the other hand, the risk of controlling 
the currency through the government with   regulatory measures as cryptocurrencies 
gain notoriety may alienate investors.  What is Ethereum?
Ethereum was   conceived in 2013 by Vitalik Buterin, and 
officially released to the public in 2015.   The idea was to create a blockchain similar to 
Bitcoin, but instead of just wallet-to-wallet   transactions, the new blockchain would also allow 
wallet-to-contract transactions smart.

That is,   it uses technology to create virtual 
contracts for payments, purchases and sales.   In this sense, in addition to being 
able to be used as a digital currency,   Ethereum's technology allows the negotiation 
of other cryptoactives, including Bitcoin..

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