Cryptocurrency’s second act: the rise of Ethereum and what’s in store for 2017
Version One Ventures
JANUARY 10, 2017
The prevailing thinking then was that the cryptocurrency market was going to be a winner-takes-all race due to the strong network effects around mining. Bitcoin, and the underlying blockchain technology, never developed a strong use case besides storing value. And, most thought that Bitcoin would emerge as the winner in this race.
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