Ethereum – what is it? How to get started, reviews, forum.

What is Ethereum?

Ethereum is an open-source decentralized blockchain system. Its cryptocurrency is known as Ether. Ethereum is a platform for many other cryptocurrencies, and also serves the implementation of the so-called . "smart contracts".

Who invented Ethereum?

The cryptocurrency was described in 2013 by Vitalik Buterin. Blockchain was launched in 2015. The goal of Ethereum is to become a platform for decentralized applications,enabling users around the world to write free and secure software.

How does Ethereum work?

Ethereum is a blockchain smart contractnetwork. These are computer programs that provide conditions for the implementation of the contract between the parties on the Internet. They make it possible to reduce costs and increase the reliability of transactions.

How much does Ethereum cost?

The current price of ETH is several thousand dollars. The value of market capitalization makes Ethereum in second place.

Where can I buy Ethereum?

The popularity of Ethereum means that ETH can be bought on almost any cryptocurrency exchange.

Is it worth investing in Ethereum?

In our opinion, it is difficult to assess whether it is worth investing in ETH. Cryptocurrency prices are characterized by sudden increases and decreases. Perhaps before investing in Ethereum, it is worth giving yourself time to think.

Author

  • He describes himself as a cryptocurrency investment specialist. He had mined them many years earlier thanks to a self-constructed virtual coin excavator. Privately, he is passionate about hiking in the Karkonosze Mountains. In addition, he is a huge lover of photography, especially taking pictures of the mountains.

3 Comments

  1. Author

    Some people’s comments make me laugh. For me, cryptocurrencies turned out to be a profit. I made $ 30,000 by investing when the time was right. And guess what? I keep investing because it is profitable for me.

  2. Author

    China has long proven cryptocurrencies to have neither value nor practical use. This is a common scam on a global scale. At most, you can think of them as a casino that consumes a lot of energy and is used to extract money from naive people.

  3. Author

    Ethereum is a decentralized blockchain system based on open source code. The cryptocurrency of this system is Ether. According to the creators of Ethereum, it has good prospects due to the possibility of implementing smart contracts.

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