Ethereum is out to prove itself at its annual developer event, set to begin next Wednesday.
Once arguably the most active corner of the booming cryptocurrency market, it’s safe to say enthusiasm for the project has cooled, if only by comparison. Despite meteoric growth that has seen the protocol rise to $29 billion in value, not to mention hundreds of ICO projects launch using its technology, ethereum may be underperforming against its own high expectations.
That’s because to many supporters, the project, launched in 2014, had seemed destined to become the first to pass bitcoin in market value (and other key metrics) this year. And while there was a big run in June, the so-called “flippening” never came to pass…
Read Full: Show of Force: Ethereum Gears Up for Devcon3 Developer Conference