Ripple (XRP) managed to rise to second place in the top cryptocurrency list.

in #ripple • 6 years ago

image

Source pixabay.com

Before the name of the ripple (XRP) was popular among cryptocurrency investors, Ethereum had already taken the attention of the cryptocurrency world because he had first and lasted second place after bitcoin in the top cryptocurrency list. After occupying the second position in the top list of cryptocurrency on CoinMarketCapital for so long. More than once, XRP has taken over Ethereum in number two after Bitcoin (BTC) at this time.

Near Ethereum hardfork Constantinople, the price of Ethereum surged at the beginning of the year and regained the second position occupied by XRP. The XRP took over the second position in November when the Bitcoin Cash (BCH) hash battle. Not long after that, ETH got its second position back in January. However, the delay in Ethereum hardfork made ETH prices fall and the XRP took over the second position for now.

Ethereum Constantinople.

image

Source pixabay.com

The updated Ethereum Constantinople planned to take place on January 16, 2019 will reduce block prizes for miners from three to two. In addition, this will also open the way for the transition from the Proof-Of-Work (PoW) algorithm to Proof-Of-Stake (PoS) which will be updated on Ethereum 2.0.

This is the second time Ethereum has reduced its network block prizes. The first reduction occurred during Byzantine reform, which took place on October 16, 2017. At that time, ETH prices increased by 6 percent. Then, there was a bullish rally that brought ETH prices to all-time highs of $ 1,500.

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6 years ago in #ripple by
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