Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
NOTE: WARNING: Trading in Contracts for Difference (CFDs) based on Ethereum is highly speculative and carries a high level of risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Ethereum is often described as a digital currency but here’s something important to keep in mind: Ethereum is much more than that. Sure, at its simplest, Ethereum is a digital currency (like Bitcoin) but it’s also so much more than that.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
Is Ethereum A CFD?
Ethereum is not currently recognized as a currency by any government or financial institution however you can speculate on the price of Ethereum through CFDs with some brokers. Buying EthereumCFDs allows you to take advantage of price movements while never actually owning the cryptocurrency.
7 Related Question Answers Found
An ICO, or Initial Coin Offering, is a fundraising method where new projects sell their underlying crypto tokens in exchange for bitcoin and ether. It’s somewhat similar to an Initial Public Offering (IPO) where investors purchase shares of a company. ICOs have become a popular way to fund cryptocurrency projects and have raised over $1 billion dollars in the last year.
Decentralized finance, or “DeFi,” is a hot topic in the cryptocurrency space. Ethereum is the most popular blockchain for DeFi applications, with over $13 billion worth of value locked in Ethereum-based DeFi protocols. But what exactly is DeFi?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is also a cryptocurrency, which can be used to pay for goods and services, or to trade like any other currency. The native currency of the Ethereum network is called ether.
It’s no secret that Ethereum’s ICO was a resounding success. In less than two months, the project raised over $18 million dollars, making it the second most successful cryptocurrency crowdsale to date. But what exactly is an ICO?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is an IDE. It is a complete programming environment that allows developers to create, compile, test, and deploy smart contracts.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
Wyre is a decentralized platform that enables anyone to send or receive payments in any currency, anywhere, anytime. Wyre is built on Ethereum, the world’s most popular blockchain. Wyre is the first and only platform that allows you to hold, convert, and transact in any currency, anywhere, anytime.
