Altcoins News
By Steven Anderson
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Ethereum (ETH) Ecosystem Support Program
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There is a widespread concern that Ethereum is losing its market to newcomers despite being the world's second-ranked cryptocurrency.
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However, the long term predictions for Ethereum are positive. Despite being a clear competitor to BTC, the general theory is that Ethereum would not “overtake” Bitcoin.
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Despite what the overall cryptocurrency sentiments about Ethereum are, more and more people and institutions are building on ETH than ever.
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Anything that is new gets called by whatever people feel like. As it evolves, people change their views. So, the same thing is happening to ETH.
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Sydney Ifergan, the crypto expert, tweeted: "People keep telling that Ethereum will not work, and many of them are building bridges to the ETH network.
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And, recently, we had Charles Hoskinson, who claimed he does not even want to be addressed to in association with ETH.
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Several Ethereum enthusiasts express that they are hoping to see all the naysayers shift their projects to ETH very soon.
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Ethereum already is well aware that they are entering a new decade. The Ethereum Blog recently spoke about some of their recent growth, transition, and discussed their 2019…
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For clarity: “The Ecosystem Support Program (ESP) is the arm of the Ethereum Foundation focused on providing support to teams throughout the Ethereum ecosystem.
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Awarding grants, is only one of the many ways by which they support the broader Ethereum ecosystem.
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Probably, Ethereum Network is not fooling around with the fund allocation. They know what they are working for.
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