Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: badshah on March 30, 2020, 01:45:44 PM
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Developed by Vitalik Buterin, Ethereum is a public, open-sourced Blockchain-based platform developed that features smart contracts. It would be wrong to define Ethereum as a cryptocurrency or confuse it with Ether, a cryptocurrency part of Ethereum system.
Ethereum was created as a platform that has the ability for users to build programs without the involvement of middlemen, including central servers to store information that makes them less exposed to abuses of those middlemen and authorities.
Ethereum went live on July 30, 2015, and is the second major currency on the market with 45 billion dollars of capitalization.
The latest news about Ethereum mostly concerns the move to Serenity the last post-development phase of Ethereum as well as changing Ether mining’s concept from Proof-of-Work to Proof-of-Stake in order to reduce the power cost of the process.
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Eth is the 2nd most powerful cryptocurrency after Bitcoin and it will be there. It has very good potential and real-life use. Yes, people sometimes get confused and think Ethereum is just a token. But ETH is a token of the Ethereum system. Upcoming Ethereum 2.0 will be a great deal for the market and cryptocurrency world I think.
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In addition to your point, the Ethereum blockchain also allows its user to create new tokens, which are mainly called ERC-20 tokens. it can also host decentralized applications (dApps), which are apps that function without a central point of control, making them fair and transparent.
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In addition to your point, the Ethereum blockchain also allows its user to create new tokens, which are mainly called ERC-20 tokens. it can also host decentralized applications (dApps), which are apps that function without a central point of control, making them fair and transparent.
Ethereum is creating history that can always be the second best coin in crypto space. Whatever the preference of its coin ERC-20 tokens can be converted into eth, btc, bch and etc.,