Ethereum was launched in 2015. And it is an open access to digital money and data-friendly services for everyone. It’s a community-built technology behind the cryptocurrency Ether (ETH) and thousands of applications you can use today. Banking for Everyone Everyone can access to Ethereum. It can use for traded as
A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate network of computers. And the first cryptocurrency ever created is Bitcoin. Cryptocurrency is
Blockchain contain three important concepts which is blocks, nodes and miners. Blocks Every chain contain of multiple blocks and each block has three basic elements: Data Hash Hash of previous block When the first block of a chain is created, a nonce generates the cryptographic hash. The data in
The most important thing about money is; can be count on its value and the value is stable over the time. Underpinning the value of money Fiat currency is legal tender whose value is backed and underpinned by the government that issued it. Why a fiat currency is better economic