Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: hagvu007 on March 19, 2020, 11:19:56 AM
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Ethereum Foundation is a Swiss nonprofit organization from where you can transfer funds. It is a worldwide team of passionate developers. The Ethereum Foundation has a special mission to promote and support the Ethereum platform and base layer research, development, and education. Also, it aims to bring decentralized protocols and tools to the world that empower developers to produce next-generation decentralized applications (dapps) and together build a more globally accessible, freer, and more trustworthy Internet. It would also build unstoppable applications. Ethereum is a decentralized platform that runs smart contracts: applications that run correctly as programmed without any possibility of downtime, censorship, fraud, or third-party interference.
Official Ethereum Wallet
Mist is the official Ethereum wallet. The pioneers of Ethereum developed it. It has many benefits to offer, which makes a lot of sense to use Mist, mainly for smart contract deployment. It is a full node wallet, which means you will have to download the entire Ethereum blockchain, which is >1TB.
Mist is available for Windows (both 32- and 64-bit), Mac, and Linux (32- and 64-bit). It is the official wallet by Ethereum developers. It has to offer several features like this wallet has integration with many crypto exchanges, the code is open-source, and the users have full control over their private keys.
Ethereum Mining Forum
Getting started with Ethereum Mining is pretty straightforward. All you need is a Graphics Processing Unit (GPU), and you can begin generating Ether.
Ethereum mining is the process of maintaining the Ethereum ledger through solving complex mathematical problems. Unlike Bitcoin mining, Ethereum mining can be done with a Graphical Processing Unit (GPU) only. Ethereum mining forum discuses its methods in detail. First, you will need to install your GPUs and set up your computer. Secondly, get an Ethereum wallet (Mist or MyEtherWallet). Thirdly, you can join an Ethereum mining pool. Finally, start mining!
Ethereum has a specific schedule to switch to a Proof of Stake model at some unspecified date.
Ethereum Cryptocurrency Exchange
Ethereum is a coin which you can buy with credit or debit card at any leading cryptocurrency exchange. These exchanges include Coinbase. Coinmama and Bitcoinsxchanger. You can buy Ether with a credit card just by paying a small service charge. You can also buy Ethereum with your bank account or transfer them to other exchanges. Buying Ether with a bank account will allow you to save on fees, although it takes longer than buying with a credit card. Another good option is to buy Ethereum with Bitcoin. You can buy Ethereum with Bitcoin at nearly any cryptocurrency exchange, which offers its coin pair. You want to know more? Visit bitcoinsxchanger.com.