Ethereum is a highly decentralized, public, open-source blockchain-based platform that is wholly autonomous and runs smart contracts. Ethereum comes with very powerful infrastructure, which enables its robust decentralized applications (dApps) ecosystem.
Developers can build markets, complete transactions, store various information on the Ethereum blockchain. The cryptocurrency that is used with Ethereum is known as Ether, and this is stored in the Ethereum Wallet.
Ethereum wallets also allow you to store other crypto-based assets, and at the same time create, deploy and utilize your smart contracts.
Ethereum is a very powerful and popular blockchain technology on which many other exciting new technologies are being built in the cryptocurrency space.
The idea of Ethereum was first described by a programmer named Vitalik Buterin in a white paper in late 2013, and his goal was to build decentralized applications. His white paper was thus shared among some of his friends, and then it spread further.
His idea gained the favor of a few individuals, and subsequently, it was announced publicly in January of 2014. The core members of Ethereum were Vitalik Buterin, Anthony Di Iorio, Gavin Wood, Mihai Alisie, Charles Hoskinson and Joe Lubin.
Ethereum was thus able to raise a little over $18 million, and since its launch, the platform has been used by many, and it continues to grow at a rapid pace.
Using Ethereum is relatively easy, and all you need to use this platform is either a computer or a smart device such as your smartphone or tablet. The first requisite for you to use Ethereum is called Ether, which is the native cryptocurrency or gas that is used for updating the blockchain in Ethereum.
After you have acquired Ether, you need to store them securely in a safe place, and this is known as Ether Wallets. Each Ether wallet has its own unique address. After your Ether has been stored in your Ethereum wallets, you can now create or join smart contracts which will automatically finish the agreement so that there is no need for a third party.
While using Ethereum there is no third party involved to facilitate the transfer or transaction of money, as such the system is decentralized and no additional fees have to be paid to any other party.
Since its inception, Ethereum has grown on to become one of the most popular Cryptocurrency platforms in use today, and as such some of the best features of Ethereum are as follows:
There are many benefits which Ethereum brings to the table, and some of its benefits are as follows:
These are some of the benefits of Ethereum, and if you want to know How to buy Ethereum, Ethereum price and Ethereum Price Prediction continue reading below.
Ethereum, as we all know, is a platform, and the cryptocurrency used in Ethereum is known as Ether. For you to buy Ethereum, you need to have an Ethereum wallet to store your Ether, after which the next step is to purchase Ether from an Ethereum exchange by using your credit card or debit card. Some of the best and most popular exchanges for buying Ethereum are Coinmama, Cex.io, Coinbase and BitPanda.
Source: coindesk - 1 hour ago
Cryptocurrency mining pool Sparkpool received a payout today of over $300,000 for mining one block on the ethereum blockchain.
Source: ccn - 1 hour ago
On February 11, Nasdaq, the world’s second-largest stock exchange, launched Bitcoin and Ethereum indices to present accurate prices of the two leading crypto assets. Nasdaq’s Bitcoin Index a Likely Precursor to Crypto Investment Products According to cryptocurrency analyst Alex Ziupsnys, the introduction of the crypto indices of Nasdaq could lead to the approval of a wide range of investment vehicles in the long-term. The analyst said: “NASDAQ to add a bitcoin index on its platform. They are reading the writing on the wall and don’t want to get left behind. There is no stopping this. Adoption happens gradually right in The post Why Nasdaq’s Bitcoin Index is a Bigger Deal Than Most People Realize appeared first on CCN
Source: cryptopotato - 1 hour ago
The positive trend we have seen in the last few weeks continues, and the candles are painted green. Bitcoin and Ethereum are climbing steadily, and new money is entering the market alongside a trading volume that is beginning to gain momentum. Of course, the Alternative coins did not ignore the celebration, and not surprisingly, they […]The post The Market Turned Dark Green – Have We Seen The Bottom? Crypto Market Update 19-2-19 appeared first on CryptoPotato.
Source: ethereumworldnews - 1 hour ago
Blockchain as a Service (BaaS) allows businesses to create, host and use their own blockchain applications without needing to know the intricacies of how the back-end coding works. All the smart contracts and functions are...The post Enterprises Can Now Deploy VeChain Thor (VET) DApps With One-Click Through Amazon Web Services (AWS) appeared first on Ethereum World News.
No Recent News
|Bodhi [ETH] (BOE)||$0.020068||1.71%|
|Ether Kingdoms Token (IMP)||$0.017976||-1.95%|
|Ethereum Lite (ELITE)||$0.083024||1.72%|
|Ether Zero (ETZ)||$0.107677||-3.19%|
|EncryptoTel [ETH] (ETT)||$0.010807||-1.51%|
|COMSA [ETH] (CMS)||$0.038167||-3.84%|