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At present, Ethereum transactions per second is just 12 to 15 TPS. But with version to update, the transaction rate will rise to 100,000 TPS. Despite the current theleadbtc.org crypto winter, investors can expect to make huge gains if the move to version 2 goes as intended.
Similarly, those who managed to cash out into one of the stablecoins that survived the turmoil are in almost as good a position as those who managed to turn their crypto into cash. An old financial adage says that when cab drivers start talking about stocks, it’s time to sell. This was recast into a plucky marketing message by crypto exchange Luno early last year. The problem is, the system only works if luna has any value at all. For a while, it did, thanks to an aggressive offer to pay 20% interest on savings held using the currency.