The True Power of Ethereum That Everyone Should Know

The True Power of Ethereum That Everyone Should Know

Features
April 4, 2017 by Brian Forester
55
Do you know how powerful is Ethereum? Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract  functionality. The value token of the Ethereum blockchain is called ether. It is listed under the diminutive ETH and traded on cryptocurrency exchanges. It is also used to pay for transaction fees and computational services on the
true-power-ethereum-everyone-know.jpg

Do you know how powerful is Ethereum?

Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract  functionality. The value token of the Ethereum blockchain is called ether. It is listed under the diminutive ETH and traded on cryptocurrency exchanges. It is also used to pay for transaction fees and computational services on the Ethereum network.

2017 has been a big year for Bitcoin: its highest price ever, a major disappointment from the SEC for No. 1 Bitcoin fans the Winkelvoss twins, and, for a moment, a value higher than gold.



But another cryptocurrency has been quietly growing in volume while everyone was focused on Bitcoin. Ethereum, which is kind of like Bitcoin but slightly nerdier and more complicated, edged up against Bitcoin in its daily volume earlier this month. In plain english, Bitcoin is much bigger in terms of monetary value, but Ethereum is being used so much that it’s facilitating nearly as much business.

This website uses cookies and asks your personal data to enhance your browsing experience.