What is Ethereum?
If you're new to cryptocurrency, you probably heard about bitcoin and not knowing we have thousand of alternative coins including our very own QUE Coin. The QUE Coin cryptocurrency is based on Ethereum Decentralized Platform on a blockchain network. Yes, using Ethereum some people says it is the Bitcoin 2.0.
If you don't have a bitcoin wallet, create your free account at Coinbase and we both earn $10 of free bitcoin.
Infographic courtesy by Genesis Mining.
Ethereum is a Decentralized Platform.
Ethereum reduced cost, No Single Point of Failure, prevents censorship, fraudproof and guarantees transparency.
Ethereum is Applications. Some of the applications included the following:
- Reputation Systems
- Registering Contracts
- Messaging Systems
- Individual Currencies
- Property Management
- Online Voting
- Social Networking
- Finance
- Trading Computer Resources
- Decentralized Governance
I hope that helps you understand the use of Ethereum. Let me know if you have other questions.
Source: https://que.com/what-is-ethereum/
I first published this article in our website QUE.com (https://que.com/what-is-ethereum/)
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great post ! @yehey
Nice post. Same thoughts here. You read this stories about people selling their cars to buy cryptos and I think to myself: Don't invest money you don't have. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I was wondering if anyone of you uses: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. On: https://www.coincheckup.com/coins/Ethereum#analysis To check Ethereum Investment research report.