Some recent Ethereum news broke out saying that ETH has hit its all-time high in terms of market capitalization. ETH is a decentralized platform that runs smart contracts; it is also the name of the blockchain on which decentralized applications (DAPPS) can be built. This platform was first envisioned by Vitalik Buterin and then it went live in 2015 after Ethereum was funded through a crowd sale; It has the second-largest market cap as a cryptocurrency at over 4 billion dollars. It is also made through means of mining and developers can receive it by building DAPPS on the blockchain that is used by users. This coin can also be bought on digital currency exchanges and it can be held in online Wallets for future use.
Ethereum’s all-time high came in early June when it was at 366 dollars per Ether. It also has the Ethereum Enterprise Alliance that is made up of Fortune 500 companies that include names like Microsoft, Master Card, JP Morgan Chase, and others. This coin has a lot of potential and can be used for Ethereum DAPPS that are useful to users. Ethereum news is regularly covered by cryptocurrency news websites and it has a large following on online social media websites like Reddit and Bitcoin Talk Forums. It also has a lot of potential for growth in the future.
There is Ethereum cryptocurrency, blockchain, and programming language. It is based on the same blockchain technology as Bitcoin, but with a different aim: This platform is an open, borderless place that runs on computers all over the world; It allows anyone to build and use decentralized applications (apps) that run on blockchain technology.
ETH is also a platform that supports the creation of new cryptocurrencies. They envision a “web 3.0” where users control their data and applications run locally on users’ computers, not on centralized servers. ETH exploded onto the cryptocurrency scene and it went from $10 to $380, and their market cap went from $1.5 billion to over $29 billion.
Their motto is “Code Is Law” and they describe it as a decentralized platform that runs smart contracts: applications that run exactly as programmed without users having control or censorship. Ethereum was launched in 2015 and has a lot of features that developers can use to help build applications. It has other projects that they believe will help it grow its network. They believe ETH is the future of the web, where users control it and it runs applications. It has since become the second-largest cryptocurrency by market capitalization after Bitcoin. This platform has come a long way and with Ethereum news regularly we will continue to see its growth.