HomeInterestingWhat is Ethereum? | How to Buy Ethereum

What is Ethereum? | How to Buy Ethereum

What is Ethereum? Ethereum price.

  • Ethereum is a well-known cryptocurrency next to bitcoin.
  • It is the top second cryptocurrency out of 1,300 cryptocurrencies.
  • Ethereum also called ether, it is the backbone of Ethereum network.
  • Ethereum is a decentralized platform that runs smart contracts.

What is a smart-contract?

  • Contracts are codes which uploaded into blockchain by the creator(s).
  • Contracts are like conditional statements, if certain condition satisfied then all the node in the network will run the code and uploaded into the blockchain. 
  • In this scenario, every node in the network monitor the execution, so any tamper in the coding in the middle is not at all possible.
  • Any middleman attack is identified, the overall transaction will be dropped.
  • Yes, corruption is 100% not possible. 

Future of Ethereum?

  • Compare to 2017 Ethereum has grown 1000% in 2018.
  • Already top-level companies like Microsoft and JP Morgan Chase are attracted by Ether concept. 
  • Emerging Digital era is the boon for Ethereum’s future.
  • In spite of everything, speculation in cryptocurrency market reminds you to invest at your own risk.

How to buy Ethereum?

  • The complete guide to buying Ethereum available at the below link
CLICK HERE
  • To buy, sell, transfer, and store digital currency use the try the following coinbase website link.
CLICK HERE
 
 
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