Review on Ethereum by Raquel Matos
Ethereum a good ally to create smart contracts.
It is a company that offers smart contracts between various operators established between said contract. This contract is modifiable under the agreement of both parties and registered under the blockchain system. This currency you have use in the creation of various decentralized applications
ο»Ώ
ο»Ώ
Pros
- Ethereum does not require intermediaries, that is, reduce costs for operations related to contracting and greater trust between the two parties compared to the contract law
- Decentralized platform is not issued by any country or government.
- The consensus rules of your blockchain require that all the nodes that make up the network must agree to carry out the changes and make decisions, thus consolidating the security and reliability of the platform.
- The amount of ethereum coins is unlimited.
Cons
- It is a system that was created in blocks where it has the particularity of having a smart contract with a limited number of operators and that is programmed according to what is needed.
- It has a small risk that as the contract is written by people, there may be code errors.
