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Author Topic: About Ethereum  (Read 32 times)

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Offline KPKP868686

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About Ethereum
« on: July 10, 2018, 07:49:32 PM »
Ethereum (ETH) is an cutting-edge blockchain network, that introduced in 2015, which used as a cryptocurrency. It has the second largest market capitalization of all the cryptocurrencies, though it’s a faraway second to Bitcoin which is 19 times bigger.. Whilst Bitcoin was developed as a currency, to be used like regular cash, Ethereum is on top of that a platform and programming language that can be used to build and run applications on. As such, Ethereum has different purposes.
 
Miners, who provide computing power either towards the creation of new blocks or the processing of transactions, are awarded with new crypto-tokens called ether. Ether can be traded and used to run applications. As a tradable device, Ethereum has done well and has grown into the biggest altcoin on the market. Ethereum units can be bought or sold against other cryptocurrencies or fiat currencies like the USD or the EUR.
 
 
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