Assets, Ethereum

Where Can I Buy Ethereum Coins?

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 public blockchain-based distributed computing platform, featuring smart contract (scripting) functionality. It provides a decentralized 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 transferred 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.

NOTE: WARNING: Be extremely cautious when considering purchasing Ethereum coins from any online source. The cryptocurrency market is unregulated and can be highly volatile, making it a risky investment. In addition, fraudulent websites and scams exist that may attempt to take your money or personal information. Before buying any Ethereum coins, research the website thoroughly to ensure its legitimacy and security measures.

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.

The system went live on 30 July 2015, with 72 million coins “premined”. This accounts for about 12 percent of the total circulating supply as of July 2018.

In 2016, as a result of the collapse of The DAO project, Ethereum was split into two separate blockchains – the new separate version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC). The value of the ETH token grew rapidly in 2017 to over US$1,000 after several high-profile partnerships were announced, including with Microsoft and JPMorgan Chase.

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