Review on Ethereum by Muhammed Özdemir
Ethereum
It is a decentralized currency with Ethereum blockchain technology that is very secure. It allows to receive or make payments without intermediaries thanks to Ethereum technology. You can transfer money from your account anywhere in the world over the internet and receive payments. Consider all the different processes that occur in everyday life. Buying or selling cars, renting an apartment, betting on the World Cup ... it all requires trusting strangers about your money and knowledge. Ethereum solves this problem. So it has a lot of potential for the future. (ETH) is a Crypto Operating System that takes the cryptocurrency. Its purpose is to enable users to create new software on the blockchain system to which it is connected in Bitcoin. Thanks to this freedom that Ethereum provides to users, it allows the issuance of many sub-coins. The purpose of the Ethereum system is to back up information such as personal data by third parties and prevent them from being used for different reasons. Today, almost all transactions we make on the internet (shopping, banking transactions, our social media, our internet history data, etc.) are recorded in data banks as data. The reason why this information will be used is a complete unknown. Ethereum aims to prevent them from having to trust anyone by preventing them. Thanks to the powerful developer team behind the project, Ethereum is the second most transactional area after Bitcoin.
Pros
- Very safe
- Scalable much more than Bitcoin
- Revolutionary blockchain technology
- Strong developer team behind the project
Cons
- Variable
- Expensive "gas" (transaction) prices
