Moni2402
Active member
Ether is the native currency of Ethereum, a decentralized platform developed in 2013. Ethereum is a project that not only seeks to create the infrastructure for the transmission of money but also the transmission of information that could be valuable, such as sending and receiving a title. of property that can prove a property.
To give monetary value to the operations carried out in the Ethereum environment and so that fraud does not occur, ether was created as a payment method. With this cryptocurrency it is possible to execute transactions called "smart contracts" that achieve something very similar to programmable money.
The aspirations of the ether go beyond sending or transferring money. And it is that in the Ethereum network, decentralized applications allow creating cryptocurrencies but also anything else that is programmable.
Ethers can be purchased in both fiat currency and bitcoins on some of the more common bitcoin exchange platforms.
Therefore, it is very necessary to know that Ethereum is a public, open source, Blockchain-based platform that offers smart contracts. It would be a mistake to define Ethereum as a cryptocurrency or to confuse it with Ether, a cryptocurrency of the Ethereum system. Ethereum was created as a platform that has the ability for users to create programs without the involvement of intermediaries, including central servers to store information that exposes them less to abuse from intermediaries and authorities. Ethereum came into force on July 30, 2015 and is the second most important coin on the market with 45 billion dollars of capitalization. The latest news on Ethereum mainly refers to the transition to Serenity, the last post-development phase of Ethereum; as well as changing the concept of extracting Ether from Proof of Work to Proof of Stake to reduce the energy cost of the process. "
To give monetary value to the operations carried out in the Ethereum environment and so that fraud does not occur, ether was created as a payment method. With this cryptocurrency it is possible to execute transactions called "smart contracts" that achieve something very similar to programmable money.
The aspirations of the ether go beyond sending or transferring money. And it is that in the Ethereum network, decentralized applications allow creating cryptocurrencies but also anything else that is programmable.
Ethers can be purchased in both fiat currency and bitcoins on some of the more common bitcoin exchange platforms.
Therefore, it is very necessary to know that Ethereum is a public, open source, Blockchain-based platform that offers smart contracts. It would be a mistake to define Ethereum as a cryptocurrency or to confuse it with Ether, a cryptocurrency of the Ethereum system. Ethereum was created as a platform that has the ability for users to create programs without the involvement of intermediaries, including central servers to store information that exposes them less to abuse from intermediaries and authorities. Ethereum came into force on July 30, 2015 and is the second most important coin on the market with 45 billion dollars of capitalization. The latest news on Ethereum mainly refers to the transition to Serenity, the last post-development phase of Ethereum; as well as changing the concept of extracting Ether from Proof of Work to Proof of Stake to reduce the energy cost of the process. "
