ECF and ConsenSys projects will push Ethereum (ETH) to the moon


Ethereum (ETH) is one the most important cryptos in the market. That’s because it allows for the creation of all sorts of smart contracts. In fact, a good number of smart contract tokens in the market today are based on the Ethereum platform.

Unfortunately, Ethereum’s journey has not been without challenges. One of the challenges that this crypto faces is that of scalability. However, this is all about to change because the best brains in blockchain technology are coming together to find ways of making the Ethereum platform even better.

The first such grouping is working under the Ethereum (ETH) Community Fund. This is a project of four major Ethereum projects spearheaded by Cosmos and OmiseGo. The idea behind this fund is to come up with different strategies for making the Ethereum project better. In fact, the first agenda for the Ethereum Community Fund is to deal with the issue of Ethereum scalability.

Considering that the platforms coming together for this fund have the financial and technical capabilities to pull this off, expect Ethereum’s scalability issues to be resolved in the near future. Once a solution to the scalability is found, expect the value of ETH to skyrocket. In fact, this could be the fuel that Ethereum needs for it to achieve flippenning with Bitcoin, because its market capitalization would surge significantly.

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