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Favourable prospects for Ethereum are linked to the fact that its network is becoming increasingly active by launching decentralized financial applications (DeFi). ETH holders can block assets in DeFi smart contracts with different purposes, which reduces the circulation of coins, naturally creating an effect that is achieved in the bitcoin network by halving. Bitcoin maximalists do not see Ethereum as a threat, but there is no point in believing that a network after switching to 2.0 cannot be a worthy competitor to bitcoin.
While all the news was around halving and the likely prospects for Bitcoin after this event, the leading altcoin Ethereum (ETH) demonstrated quiet growth. Since the beginning of the year, Ethereum has grown by 61%, compared to 31% for Bitcoin in the same period. ETH usually follows the increase in Bitcoin, but in the end, it turns out that the coin adds more and loses less.
To earn Ethereum in the faucets, the users don’t have to complete any tasks. The users have to register for an account and visit the page. The users will be then asked to solve the captcha to prove they don’t use any automated program to cheat the system. When the users click claim after solving the captcha, the Ethereum will be added to his account which can be withdrawn later.
Ethereum 2020 Explained: What is Ethereum & How it Works (Ultimate Beginner's Guide)
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