Quick History On Etheruem
Ethereum make use of blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party. There are two types of accounts available through Ethereum: externally owned accounts (controlled by private keys influenced by human users) and contract accounts.
Ethereum was created in 2013 by programmer Vitalik Buterin. In 2014, the network went live with an initial supply of 72 million coins on 30 July 2015.
Even though majority of crypto currency investors sees Bitcoin as the most popular cryptocurrency, Ethereum’s aggressive growth has made many crypto analyst and enthusiast giving speculations that it will soon overtake Bitcoin in usage.
My Experience
I Personally see Ethereum as an innovative blockchain technology. It can be used in many ways for Cryptocurrency researches, so I think it will be a radical topic in future blockchain development. Eth wallet is the most famous and reliable Ethereum wallet.
It has excellent features with maximum security that beats the other similar wallets." Ethereum has a complex programing language and its price is also volatile like that of Bitcoin. My etheruem wallet is down by 30 percent in price at the time of writing this review.
Business payments is the main arena. Ethereum is a smart alternative to a standard bank wire transfer and executes transactions swiftly.