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Cryptocurrency has been around since the early 2000s and is being used as a mode of trading instrument by tech-geeks over the web. By the early 2010s, multiple cryptocurrencies have surfaced and have gained traction even to the common. The future of digital currency is here.
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BEHIND THE DIGITAL CURRENCY
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CURRENCY EXCHANGE
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TRADING PLATFORMS
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Tag: Ethereum

Is It Worth Investing In Ethereum?

November 23, 2021 Dora Took-Brandybuck 0 Comments

Ethereum has developed into a veritable alternative to Bitcoin within a few years. It’s about much more than just digital assets. 

What is Ethereum (ETH)?

Ethereum is a decentralized, programmable system based on blockchain technology. You can describe it as an association of independent computers that appears to end users as a closed system. In contrast to Bitcoin, Ethereum not only enables transactions of assets, but also a variety of other applications based on so-called “smart contracts”. These are digital contracts that come into force independently under certain previously defined conditions.

Ethereum uses its own cryptocurrency for asset transactions between participating computers. With a market capitalization of 455.2 billion US dollars, it is currently the second largest cryptocurrency behind Bitcoin.

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