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The advantage of cryptocurrency is that it uses blockchain technology. The network of nodes the make up the blockchain is not regulated by any centered business. No one can tell the miners to update, speed up, slow down, stop or do anything. And that is something that as a committed promoter badge of honour, and is identical to the way the Internet works. But as you understand now, public Internet governance, normalities and rules that regulate how it works current built-in problems to the consumer. Blockchain technology has none of that. For most users of cryptocurrencies it isn’t crucial to comprehend how the procedure functions in and of itself, but it is essentially important to comprehend that there is a process of mining to create virtual money. Unlike currencies as we know them now where Authorities and banks can only select to print endless numbers (I am not saying they are doing so, only one point), cryptocurrencies to be operated by users using a mining software, which solves the complex algorithms to release blocks of currencies that can enter into circulation. Ethereum is an incredible cryptocurrency platform, nevertheless, if growth is too fast, there may be some problems. If the platform is adopted quickly, Ethereum requests could improve drastically, and at a rate that surpasses the rate with which the miners can create new coins. Under a situation like this, the whole platform of Ethereum could become destabilized due to the increasing costs of running distributed programs. In turn, this could dampen interest Ethereum platform and ether. Uncertainty of demand for ether can result in a negative change in the economical parameters of an Ethereum based company which could result in company being unable to continue to operate or to stop operation.

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