What Makes Ethereum Special?

[totol02]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

[therozaq]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

I think It is good quote mate. Ethereum is more potential coin and very profitable.

[santawarrior]

I think being one of the first altcoins to introduce in the market and the most expensive altcoins makes ethereum special from others.

[Goku01]

nowadays its very risky to invest. ETH was very good but now its very unstable don't know what will be the future.But hope it will increase again.   

[Anggit]

I think that making Ethereum special, Ethereum is an Ether asset exchange platform that can be used to create online services on the basis of blockchain technology.

[rizqillah]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

Ethereum is smart contract and many tokens integrate ethereum. I think It is special of ethereum.

[Doctor]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

Ethereum is smart contract and many tokens integrate ethereum. I think It is special of ethereum.

Yes It is true mate. Ethereum is smart contract and many tokens used it. I like this coin.

[ninis45]

I guess because Etherium is the second altcoin that is traded and used a lot

[kenning]

From what i think it should be the because ethereum is one of the pioneer in creating smart contracts and we see many ICO want to use it to generate their own coins.

[satpol_PP]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

In my opinion , Ethereum is faster transaction speed and cheaper transactions fee. That's making ethereum special.

[Ahmadamin12]

Yang membuat Ethereum spesial dari segi pergerakan nya sangat bagus cepat dan menguntungkan bagi saya Ethereum yang terbaik setelah bitcoin karena Ethereum kita bisa sukses

[skinhead]

I think what makes Ethereum coin special it is because many tokens has been integrated to Ethereum coin and it is being used of some online payment.Ethereum is special because it has the highest price value in all altcoins now.

[pistachio]

This  is very useful information for beginners.
If I may say to add comment is next major update which is called serenity.
Ethereum is still POW right now. but after serenity, moving POS instead of POW.

In POS, the Minor in POW becomes the role of Approver.
In the POW method, work was done to approve the block by mining, whereas in the POS method you can gain the right to approve the block by staking the ETH on hand, and if you approve the block it will be rewarded as a reward I will be paid.

In order to solve this Nothing at Stake problem, the POS method of Enterprise is introducing a mechanism that makes a bet in a real sense.

The POS of the Enterprise that is planned to be implemented at Serenity is also named Consensus by bet, also known as Consensus by bet and is totally new concept in approval work in the cryptographic currency.

Stake to the approver to approve the correct block, give a reward if it is approved, and give a penalty to the approver stuck to whom the block is not approved.
In this mechanism, the approver stakes the ETH on hand with confidence that the block will be approved.
It is said that correct block can be accepted as economic rationality because it is possible to receive the incentive corresponding to mining fee as its consideration and conversely there is a possibility of losing the ETH on hand by penalty.

[Baby Crypto]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

I think Many advantages Of ethereum. Ethereum is more popular now because ethereum is smart contract and many tokens used it.

[pacar_tiri]

As you have likely gathered at this point, Ethereum was built to be more than just a blockchain to hold the Ether cryptocurrency token and confirm transactions, Ethereum was built to be an open source and decentralized blockchain-based software creation platform that any developer can use.

At the core of this platform/network is a “blockchain-based smart contract system,” to which one contract type is the native cryptocurrency Ether (which trades under the symbol ETH). However, unlike with Bitcoin and its blockchain, Ethereum’s platform is designed to run code rather than just account for coins.

With that in mind, Ethereum can be used to do a range of things. It can be used make multiple unique cryptocurrencies, to do any type of contract, and even be used to create/store blockchain-based apps.

This can result in unique tokens/cryptocurrencies that aren’t Ether (but use the Ethereum network) like Augur, Golem, Aragon, etc, traditional contracts like insurance contracts (“contract” is a term that encompasses many things here; it goes beyond just basic contracts), and even software (like a Minecraft like game that is now hardcoded into Ethereum’s blockchain; a DApp).

With all that said, let’s go over some more Ethereum facts to move beyond what we have covered already:

    FACT: Ethereum-based tokens can be traded for Ether on the EtherDelta token exchange. This is useful for trading new tokens from ICOs as soon as they launch.
    Stoked on Ether yet? If not, check out this list of reasons to buy Ether.
    TIP: Ethereum is the system, ether is the token, despite this… most people refer to all of this as ethereum and use the terms ether and ethereum interchangeably.
    DID YOU KNOW? You can actually create your own token right now (via tokenfactory).
    FACT: Ethereum initially launched as an ICO. Meanwhile, many ICOs use the Ethereum network.
    FACT: Ethereum currently uses a Proof of work model of mining, but they are switching over to Poof of Stake. Learn more.
    FACT: Another name for a cryptocurrency is “token.” Ethereum’s native token is called “ether.” Ethereum’s “ether” token trades under the symbol ETH and it is what most people think of when they think of Ethereum. Learn more about ether from ethereum.org.
    TIP: Developers can “fork” off the Ethereum blockchain and create their own tokens (these may have different names in practice, for example KIN). Meanwhile “ethereum classic” is the original ethereum cryptocurrency. Ethereum classic still trades on cryptocurrency exchanges and can be used as cryptocurrency. A new investor probably just wants ETH (Ethereum’s ether) and a digital wallet like MyEtherWallet (or a coinbase account with a built in Ethereum wallet).[8]
    FACT: Ethereum is a popular choice for ICOs due to its capabilities. About 1/2 of ICOs use ether-based coins.

In my opinion , Ethereum is faster transaction speed and cheaper transactions fee. That's making ethereum special.

I agree mate. Ethereum is faster transaction speed and cheaper transaction fee. Ethereum is smart contract.