Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications
The original Ethereum development team consisted of Vitalik Buterin, Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson
While the Bitcoin blockchain is employed to trace ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application. within the Ethereum blockchain, rather than mining for bitcoin, miners work to earn Ether, a kind of crypto token that fuels the network.
Ethereum comes complete with its own programing language which runs on a blockchain, enabling developers to create and run distributed applications. … Ether is employed mainly for 2 purposes—it is traded as a digital currency on exchanges like other cryptocurrencies, and is employed on the Ethereum network to run applications.
Ethereum Vs Bitcoin
The difference between Ethereum and Bitcoin is that the incontrovertible fact that Bitcoin is nothing quite a currency, whereas Ethereum may be a ledger technology that companies are using to create new programs. Both Bitcoin and Ethereum operate what’s called “blockchain” technology, however Ethereum’s is way more robust.
Ethereum Circulation supply
.As of the top of 2017, there have been about 96 Million Ether in circulation and 5 New Ether are created with each block, meaning 5 Ether are created about every 14-15 seconds. there’s no cap to the Ethereum Blockchain.
We expect in 2019, Ethereum might rise with strong capitalization and consequently a concrete value per coin increase. it’d experience frequent ups and downs within the first and second quarter. From the third quarter, it’ll start growing at a gentle pace from $484 in July to around $1449.89 in 2019
Ethereum Price Today
Ethereum market capitalization