Finance News

Story: Investors Looking for Altcoins prioritize ETH – Surge Track at ETH New York

By Maheen Hernandez

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Intricacies of the broader cryptocurrency ecosystem have been about the battle for dominance between the different tokens.

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A recent poll revealed that investors would instead go long on ETH than XRP.  Bitcoin commands 59% in the total market share, and ETH has 10.9, and XRP has 6.82%.

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“If we were to enter an Altcoin season, which coin would you long/buy first?”

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XRP is competing with ETH and Stellar Lumens.  XRP, EOS, and others challenge the position of ETH.

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ETH continues to be superior to XRP.  This probably is linked to the development of Serenity.

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Scalability and staking are attractive features to cryptocurrency enthusiasts. The SEC has stated that ETH is not regarded as a security.

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Mariano Conti, Head of Smart Contracts, questioned high school students about decentralized financial applications “How do you protect your money?

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The bounties of the Surge track at ETH New York was related to educating the high-school students regarding the basics of blockchain.

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The bounties related to this event were not technical; instead they were creative like "short rap verse about using DAI," or making an original fun hashtag concerning the…

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