Ethereum is one of the best blockchain projects which is an open-source, peer-to-peer network of smart contracts that allows Ethereum users to interact with each other without an intermediary. The Ethereum token is called ether. ETH is the currency used to compensate participant nodes for computations performed in Ethereum’s decentralized consensus system which makes it unique from other cryptocurrencies like Bitcoin whose tokens are more. It was proposed in 2013 by Ethereum’s inventor, Vitalik Buterin. In 2014 Ethereum was formally announced at The North American Bitcoin Conference in Miami, Florida.
Ethereum was created with the intention to allow people to share their ideas and interact without an intermediary. Ethereum’s smart contracts are written using a Turing-complete scripting language which makes Ethereum a programmable blockchain.
There is a huge difference between Bitcoin and Ethereum and most people are not aware of this difference. Bitcoin is a cryptocurrency that was developed in 2009 by Satoshi Nakamoto and Ethereum is a platform that was developed by Vitalik Buterin. Bitcoin is a cryptocurrency that uses blockchain technology and was designed to be a … Read more
It’s a very common question that do I need a wallet for ETH? We’re going to explain it through this post. Ethereum is an up-and-coming cryptocurrency that has the potential to change how we do everything from trade stocks, send money abroad or even own property. One way you can get started with Ethereum now … Read more