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: cointelegraph - 3 hours ago
The University of St. Gallen in Switzerland fights fake diplomas by using blockchain technology
Source: cryptoglobe - 4 hours ago
Ethereum, the second-largest crypto-asset by market capitalization, has been a mainstay in the faucet marketplace. Here are five of the best options for earning ether right now:
Source: newsbtc - 4 hours ago
Ethereum (ETH) has been incurring significant bullish momentum over the past several days, and it has been able to maintain some stability around $220 despite the aggregated crypto markets facing some downwards pressure as Bitcoin nears $10,000. Analysts are now noting that Ethereum may still be targeting over $260 in the near-term, despite incurring some...The post Ethereum Begins Ranging as Crypto Markets Drop, but $263 Target Remains appeared first on NewsBTC.
Source: dailyhodl - 5 hours ago
Ethereum has the reputation of being the foremost platform for DApps and smart contract deployment. Other blockchains have emerged that mirror Ethereum with DApps and smart contracts as their primary focus, unlike Bitcoin which is now being considered as a store of value. Although EOS is another prominent platform recognized in this niche, it seems […]The post Santiment Study Reveals Ethereum Has Nearly 5 Times More Development Activity Than EOS appeared first on The Daily Hodl.
Source: theblock - 6 hours ago
The United States attorney’s office for the Northern District of California has indicted Elliot Gunton and Anthony Tyler Nashatka for hacking EtherDelta in December 2017.The post Two suspects in EtherDelta hack indicted by U.S. authorities appeared first on The Block.
No Recent News
|Ether Zero (ETZ)||$0.031652||-0.25%|
|Ether Kingdoms Token (IMP)||$0.005573||-3.74%|
|Ethereum Lite (ELITE)||$0.006116||0.00%|
|EncryptoTel [ETH] (ETT)||$0.004981||-0.93%|
|COMSA [ETH] (CMS)||$0.070665||-6.86%|