Ethereum network upgrade that will destroy coins could cause ‘explosive growth’ in the ether price, experts say | Currency News | Financial and Business News


Ether is the cryptocurrency of the Ethereum network



A change in the Ethereum network that will cut limit the amount of ether tokens in existence could set the stage for “explosive growth” in the world’s second-biggest cryptocurrency, experts have said.

On Friday, Ethereum blockchain developers approved a major change to how the network runs, which will come into force in July or August.

It will overhaul the bitcoin rival’s current auction system, under…


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