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 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: Ethereum is not an MLM (Multi-Level Marketing) program. It is a digital currency and blockchain platform developed with the aim of providing a decentralized network for applications, smart contracts, and other transactions. Investing in Ethereum may have financial risks associated with it, so it is important to do your own research before investing.
Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
Ethereum also provides a cryptocurrency token called “ether”, which can be sent between accounts and used to compensate participant nodes for computations performed. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.
Ethereum was proposed in 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014.[4] The system went live on 30 July 2015, with 72 million coins “premined”. This accounts for about 68 percent of the total circulating supply in 2019. In 2016 Ethereum launched a presale for another digital asset called ether which raised $18 million.[5][6] Ether is like a vehicle for moving around on the Ethereum platform and is sought by mostly developers looking to develop and run applications inside Ethereum.
According to Ethereum’s website, ether is intended to be used as “a currency for paying for computation time within the Ethereum network”.[6] So far 14.84 million ETH have been mined with a further 2 million ETH created every year as part of the block reward to incentivize miners.[7][8] As of February 2020 , Ethereum has the second largest market capitalization after Bitcoin,[9][10] with over US$17 billion worth of ether in circulation and US$24 billion worth of ETH traded over the last 24 hours.[11][12][13].
9 Related Question Answers Found
No, Ethereum is not an MLM company. 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 not a company, but rather a network of computers around the world that run the Ethereum protocol.
When it comes to Ethereum, the question of whether or not it is a liquid asset is a bit more complicated than with other assets. On the one hand, Ethereum is highly traded on exchanges and has a large market capitalization. This would suggest that it is indeed a liquid asset.
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 built on a blockchain, a 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 middle man or counterparty risk.
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 a BEP-20 token. A BEP-20 token is a digital asset that is developed on the Ethereum blockchain.
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.
Ethereum is a digital asset and a blockchain platform with a smart contract functionality. It enables developers to create decentralized applications and run smart contracts. Ethereum is the second-largest cryptocurrency by market capitalization, after Bitcoin.
Yes, ERC20 is an Ethereum token. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. ERC20 is a technical standard for tokens issued on the Ethereum blockchain.
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.
This is a question that has been on the minds of many investors recently. 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.
