Review on Ethereum by Jessa Santos

Name: Ethereum
Item: Ethereum
Rating: 4

June 02, 2021

Ethereum

experienceexperienceexperienceexperiEthereum is the second largest cryptocurrency by market capitalization in the world after Bitcoin.
This platform is a dwelling place to virtual currency and with just an internet connection, you can send, receive and earn interest anywhere in the world.
It is accessible to everyone and anyone.
﻿
Ethereum is a decentralized platform that effectively powers thousands of decentralized applications. Ethereum and it's apps operates on an open source protocol and runs on a blockchain with smart contract.This platform enables developers to create and operate decentralized applications (dapps). These are blockchain based apps similar to web based apps. 
It also offers decentralized finance (defi) apps services. Defi apps provides financial services without any third party like financial middlemen(banks).
﻿
Ethereum powers the cryptocurrency ether (ETH) which are stored in wallets. It can be traded or used as non-fungible tokens (NFTs). 
﻿
Ethereum was released in July 2013 and it was the first cryptocurrency I invested in. It's price value increased through ups and downs, and early May, 2021 it was over $4000. Many people anticipated $5000 break, but sad enough the price fell to half its worth due to crypto regulations.
If you are looking for quick profit, investing in ether is not advisable. Although experts claim it will recover at a greater percentage than Bitcoin
﻿