Ethereum is the world's secondbiggest cryptocurrency, and it's giving bitcoin a run for its money.



Ethereum once was seen as bitcoin's little brother. Now, things have changed.

The ethereum cryptocurrency, known as ether, has claimed a sizable share of the crypto market. And its underlying blockchain platform is powering innovations in the space, from decentralized finance to nonfungible tokens.

But technical issues with the ethereum network are proving costly, with users being forced to pay high "gas fees" to make transactions. And a flood of new tokens known as "ethereum killers" are hot on its tail.

That could be about to change as ethereum moves over to a new standard which proponents say will make it run more efficiently.

#CNBC #Ethereum #Crypto


Subscribe: http://cnb.cx/2wuoARM

CNBC International TV: https://cnb.cx/2NGytpz

Facebook:
  / cnbcinternational  

Instagram:
  / cnbcinternational  

Twitter:
  / cnbci