1 Level
2 Review
-22 Karma
Review on Ethereum by Eliel Beck
Ethereum
Ethereum , one of the most powerful and innovative cryptocurrencies ever created and still the second-largest, as of the start of 2017 , according to coinmarket cap. The company raised its capital from a $ 10 million venture capital fund, which was led by Pantera Capital. According to the company 's website, it 's the first company to raise a multi-million dollar funding from a venture capital firm with an investment of more than $1 million. The company is working with the National Science Foundation to develop software that will make the decentralized application programming interfaces ( UIs) of cryptocurrencies such as Bitcoin easier to use. The company is also working to develop a blockchain based trading platform, a type of decentralized exchange ( decentralized exchange ). It is important to note that Ethereum is not a currency or token but a protocol that enables users to develop software for decentralized applications. It uses the Ethereum Virtual Machine (E VM) and the Ethereum blockchain to provide a platform for creating and managing decentralized applications.
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Pros
- Ethereum and Bitcoin are going to meet on the moon , and Ethereum's blockchain can use the technology to run a global, distributed computing platform that enables the " Internet of things," which is " the most important trend in computing right now."
Cons
- Ethereum 's current price and a recent interview with founder Vital ik Buterin, many in the community are concerned about the prospect of a hard fork of Ethereum in the future, with some even calling for an Ethereum Classic fork.
