The aircoins soon to be zeroed, is that the end or the future of ETH?

It’s almost September, and the weather becomes cold again. This is autumn, but for most aircoins, this autumn probably is a real fall. It falls like a dead leaf, and the entire Ethereum trading network is that big tree, waiting for the apoptosis in winter.

1. Blockchain 3.0 development

In the era of Bitcoin, Litecoin and Dogecoin, which is the era of blockchains 1.0 and 2.0, more and more people realize that is not enough to simply develop currency and trade on blockchain. Then a person named Vitalik Buterin invented the Ethereum network and the corresponding coin — Ether (ETH).

The pain point of Ethereum solved is that the development cost of ordinary blockchain is too high, also with the possibility of failure. So the Ethereum of Blockchain 3.0 came into being.

So far, Ethereum is the second-ranked cryptocurrency in the world (Find the cryptocurrency rank at citicoins.com), second only to Bitcoin. The reason is simply that it can easily create tokens, so that each blockchain can have a transition period in the early stage of development. When the R&D is mature and the mainnet can be on lined, the tokens built on the ETH network are mapped to their own mainnet and become coins. Many cryptocurrencies rely on ETH to survive and land.

2. Children of ETH

At the end of 2017, ETH basically had several births every day. Some of the children who were born were very good in the beginning, and some were very bad. Some of those excellent ones are called Omisego, some are called NEO, but those that are bad have only one common name — Altcoins.

Continuing into the second half of 2018, ETH has also entered an exhausting period, possibly with too many children, leading to the crowding of the entire cryptocurrency community. For example, one of the ETH competitors was born in their own womb. It called EOS token.

It is really tiring to have children, and ETH has come over it. However, no one can say what the future of older women is. But now the situation is that ETH’s congestion has decreased, and the entire network is gradually getting smoother. It seems to be a good thing in the long run.

3. The death of Aircoins

Although ETH benefits many companies and manufacturers, it also benefits the blockchain industry. However, there will always be some criminals who are trying to make huge profits. The use of the convenient features of ETH for fraud has also caused many people’s money to be cheated. And these scams have another name — Aircoins, just like its name, nothing, only the air.

Fortunately, various countries have begun to crack down on these fraud companies, and some of these companies have already run away. Aircoins is entering the era of zeroing. There are currently nearly 4,000 currencies on the market, and about half of them are based on ETH. And half of those may be aircoins.

Therefore, if the aircoins really zeroed, it is also a very big blow for ETH. However, we have reason to believe that slowing down server pressure and good money to expel bad money may be just a temporary pain, and in the long run, it is very conducive to the development of blockchain projects.

The price of ETH has plummeted from above $1000 to below $300. Will these Aircoins cause ETH or even the blockchain 3.0 to die? In my opinion, ETH price may be impacted by this, but it is not fatal, because after all, more blockchain projects are still developing.