#Ethereum | What Is Ethereum Or Cryptocurrency ?
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| Online Thinking Master |
There Are Number of Peoples Know About Cryptocurrency but Most of Peoples Not Know About Cryptocurrency Well. They Only Know About Some Names of Famous Cryptocurrency Like Bitcoin , Litecoin or Eretuium Etc. But You Should Know First About What Is Cryptocurrency.
What Is Cryptocurrency ?
According to Wikipedia
" a Cryptocurrency (or Crypto Currency) Is a Digital Asset Designed to Work as a Medium of Exchange That Uses Cryptography to Secure Its Transactions, to Control the Creation of Additional Units, and to Verify the Transfer of Assets.[1][2][3] Cryptocurrencies Are Classified as a Subset of Digital Currencies and Are Also Classified as a Subset of Alternative Currencies and Virtual Currencies. "
The First Cryptocurrency Is Bitcoin Created in 2009. After Bitcoin the Other Curences Come in Cryptocurrency World.
What Is Ethereum ?
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| Online Thinking Master |
Ethereum Is a New Released Cryptocurrency or Digital Currency. Now Ethereum Is Best Coming Digital Currency After Bitcoin. Ethereum Is a Digital Currency Used for Operating Smart Contracts on the Ethereum Network. Like Bitcoin, the Ethereum Network and Ether Tokens Are Not Controlled or Issued by Any Bank or Government - Instead It Is an Open Network Which Is Managed by Its Users.
Ethereum by Don Tapscot
"[ethereum] Blockchain Has Some Extraordinary Capabilities. One of Them Is That You Can Build Smart Contracts. It’s Kind of What It Sounds Like. It’s a Contract That Self-executes, and the Contract Handles the Enforcement, the Management, Performance, and Payment"Like Bitcoin, Ethereum Is a Distributed Public Blockchain Network. Although There Are Some Significant Technical Differences Between the Two, the Most Important Distinction to Note Is That Bitcoin and Ethereum Differ Substantially in Purpose and Capability. Bitcoin Offers One Particular Application of Blockchain Technology, a Peer to Peer Electronic Cash System That Enables Online Bitcoin Payments. While the Bitcoin Blockchain Is Used to Track Ownership of Digital Currency (Bitcoins), the Ethereum Blockchain Focuses on Running the Programming Code of Any Decentralized Application.
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Price of Ethereum
Price of Ethereum Is Increasing Very Fast After Bitcoin. In Previous Time Ethereum Price Was Above $800 . But in December Price of Ethereum Is Decrease Now the Price of Ethereum Is
$515 ( Friday 22,2017 ) .
Every Cryptocurrency Price Moving Up and Down With the Movements of Market With Passes of Time. Believe That
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