Review on Ethereum by phuong cong
The second currency in market capitalization
Ethereum is a decentralized, open source, public technology platform based on Blockchain technology. Instead of using a large server system like Google (a centralized system), Ethereum allows application software to run on a network of personal computers (a decentralized system).
It created from Vitalik Buterin and some members
ETH price has been skyrocketing since the wave of ICO projects using its smart contracts as a token store
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Pros
- The decentralized nature of ETH is a plus when eliminating intermediaries and transporting, making the system very difficult to attack.
- ETH is also creating a leading DEFI model with capitalization of billions of dollars
Cons
- The price of ETH has split many times from the top as the ICO model fades
