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Why Some Consider Ethereum The Father Of Altcoins?

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Even me i consider that, because there is no any altcoin that is greater and valuable than ethereum. There are many altcoins and they perform well in the market but they are not used most like ethereum and they don't have big value like ethereum.

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Around 40% of total coins of Crypto currency is based on ethereum technology and that's the reason it is father of many altcoins and also ethereum is leading the altcoins market that's the reason for Ethereum being called as father.

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Because most ERC-20 tokens are issued on an Ethereum blockchain, so Ethereum is a very important cryptocurrency and may be as described by the father for many cryptocurrencies.

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On 5/5/2020 at 5:32 PM, CryptoLover21 said:

Some people says ethereum is the father of altcoin Now a days ethereum price value is stable than other coin like bitcoin soo many times price of bitcoin is rise and fall. So stability of ethereum makes it father of altcoin. 

I don't really that it's if it's stability they Ethereum can considered as the father of Altcoins, as one thing which I think it's of this notion, it's of how it's blockchain accommodate the issue of tokens, as it was the first Crypto blockchain to have This feature into the Crypto space

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Because ethereum is the most popular after bitcoin and its price is also good and its fees are low compared to bitcoin, so people are increasing their use of this currency as well and I think it has a good future

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On 3/29/2020 at 4:50 AM, kabanidze said:

Because it is, if you look and study the most popular altcoins, you can see that most of them are built on the blockchain of Ethereum, not Bitcoin. Therefore, bitcoin is the father of all currencies, but Ethereum is the father of altcoins.

I also think of this reason. 

Also the Ethereum has the highest value of all the altcoins in cryptoworld which is maybe the reason why it considered as a father of altcoins. 

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On 3/28/2020 at 7:15 PM, Bohana said:

Hello my friends. I wanted to ask this question by my curiosity. Why do some people consider ETH as the major coin of Altcoins? What do you think, which coin is the father of Altcoins?

Ethereum definitely is the best altcoin. With the market cap of more than $22billion an trading volume of more than $15billion, it is the most valuable altcoin with market value of $206 presently. And with the ability to build smart contract and support DApps. A lot of reasons. 

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On 5/5/2020 at 8:10 PM, Moaz said:

I think that Ethereum is the father of currencies Altcoins because most Altcoins depends on the technology of ethereum in transactions and most of the Altcoins are stored in a portfolio MyEtherWallet and also Ethereum is one of the most important cryptocurrencies after bitcoin

Yes I think that people are pertaining to ethereum as the father of altcoins because I think that ethereum is those that leads altcoins to shine and ai think that the price of altcoins is high and it is great as a truly alternative for bitcoin

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37 minutes ago, Ñîll Kæbbø said:

 Also it is on the second rank if you check on the coinmarket cap website. Its also much popular and valuable just like Bitcoin.Also it's the most valuable altcoin out there with over 14 billion marketcap. And the thing that they are building is way larger than anything before that. Back then we had litecoin and some other mostly hobby projects without any funding. Eth was and is in many aspects on the whole new level compared to others back then.

Ethereum cannot be considered a currency just like Bitcoin, although although ethereum produces an ether work, it basically works to serve the users of the platform by providing an ethereum wallet that people use for the applications they are developing. As for Bitcoin, it is a clear digital currency that is prepared to replace traditional currencies.

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I think eth is good because it is a fairly stable currency, but I prefer bitcoin because the price is moving fast and I can make a lot of profits.

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4 hours ago, Raqeebzy said:

Ethereum definitely is the best altcoin. With the market cap of more than $22billion an trading volume of more than $15billion, it is the most valuable altcoin with market value of $206 presently. And with the ability to build smart contract and support DApps. A lot of reasons. 

Ethereum is probably going to become even better with the developments, but I've read reports that ETH 2.0 will be delayed and probably won't be released during this summer. I don't know if this will have price implications but I will definitely buy as much as possible if price of ETH dips.

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2 hours ago, Omar Ommeish said:

I think eth is good because it is a fairly stable currency, but I prefer bitcoin because the price is moving fast and I can make a lot of profits.

I believe and trust eth because of it potentiality it worth lot of profit in trading very fast in transactions well design and secured.

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I also believe that because the ethereum has the best technology than any coin technology, also the ethereum has too many best coin that's created through the ethereum technology. 

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I think that Ethereum is the father of currencies Altcoins due to the fact maximum Altcoins relies upon on the era of ethereum in transactions and most of the Altcoins are saved in a portfolio MyEtherWallet and also Ethereum is one of the maximum essential cryptocurrencies after bitcoin

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Some people call it this because it is without exaggeration has the greatest chances to grow to the price of 1000 dollars and above, the rest of the altcoins have no such chances or they are very small.

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Ethereum is the daddy of altecoin as the bitcoin is the father of all cryptocurrencies, due to the volume of the ethereum is so excessive ($16 919 673 811 of marketplace cap), and the movement are risky additionally inside the chart witch way the tradin is so worthwhile in their.

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On 3/29/2020 at 4:54 AM, Nezar said:

I think Ethereum is considered the father of Altcoins because it is the most important currency after bitcoin and because it is very stable and its transactions are fast.

This is one of the possible reason but in my opinion maybe some people believe that ethereum  will be more successful someday just like the bitcoin. 


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The reason behind this is that Ethereum is the source of the majority of the currencies and the alternative currencies were created through the erc20


 

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that's is true , I also think Etherium is widely used coin in coinmarketcap after bitcoin . Etherium have good coinmarketcap value as well as rank on 2nd position in coinmarketcap . so we can consider Etherium as a father of altcoin .


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On 3/29/2020 at 2:15 AM, Bohana said:

Hello my friends. I wanted to ask this question by my curiosity. Why do some people consider ETH as the major coin of Altcoins? What do you think, which coin is the father of Altcoins?

Ethereum is the father of altcpins because it become a really great alternative to Bitcoin and it have a great price compared to other coins and It can really be a big alternative to Bitcoin because you will never know the possibilities that might happen to Bitcoin you can use altcoins or ethereum 

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 I agree with those people that said Ethereum is the father of all altcoin because it has more marketing reputation than rest of the altcoins and also has greater value than the rest and also has faster transaction and fee transaction fee than the rest of the altcoin, that's why I believe it to be the father of all altcoin. 

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On 3/29/2020 at 2:15 AM, Bohana said:

Hello my friends. I wanted to ask this question by my curiosity. Why do some people consider ETH as the major coin of Altcoins? What do you think, which coin is the father of Altcoins?

Well, I also think that Ethereum is the father of altcoins. It is because it is the second best coin after bitcoin and it is different to other altcoin. Although doge is much more longer life than eth, eth is more profitable and much more high in volume than Doge. That's why it is consider to be the father of altcoins.

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ethereum is considered the mother of the altcoins because it was the first to introduce a blockchain on which it was possible to create tokens,Also personalized tokens and not only introduced the collectible photographic tokens such as cryptokitties and obviously the introduction of Smart Contracts


 

 

 

 
 
 

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Perhaps the ethereum is not like bitcoin, and if we categorize it with currencies for another, then it will be the first currency after bitcoin and also its position in the market is very large, perhaps here is the reason.

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