Ethereum (ETH) - cryptocurrency review
Ethereum (ETH) - cryptocurrency review

Ethereum (ETH)

Rank: #2

Our Review
8
Real-world utility
10
Market Cap
10
Investability
decrptd review 9.3 / 10
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Ethereum Review

Ethereum is a decentralized platform for managing smart contracts on a custom built blockchain. It provides a platform for developers to create stores of value, debt, and promises between individuals

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Ethereum (ETH) – cryptocurrency review


Ethereum is a decentralized platform for managing smart contracts on a custom built blockchain. It provides a platform for developers to create stores of value, debt, and promises between individuals without the need for any governing body or middlemen. Created by Vitalik Buterin in 2013, Ethereum is managed by the Ethereum Foundation, a non-profit organisation based in Switzerland.

Ethereum’s main use since launch has been as a platform for supporting the launch of other coins and their associated projects. Most cryptocurrencies in existence today were created on the Ethereum platform. Ether is needed by developers who intend to build apps that will use the ethereum blockchain and users who want to their associated smart contracts.This gives Ethereum a sound base of utility and is a reasonable indicator of stability and future potential.

The supply of Ether is not finite. It was agreed during its inception that the number of Ether available for issuance each year would be 18 million, which makes it different to Bitcoin. Also of interest, is the intended future of Ether given that the Ethereum Foundation are currently working on a new technology called ‘Casper’.

10
Real-world utility
10
Market Cap
10
Investability
community review (1 vote) {{ reviewsOverall }} / 10
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