Review on Ethereum by Shahana Parveen Khan
Etherium review
As per the market capitalisation, Etherum is the largest cryptocurrency after bitcoin. It is a decentralized pen source of block chain featuring smart functionality. Being One of the most actively used block chain, ethereum does not only decentralizes Bank but also decentralizes apps and services. Also used for running codes on many computer around the world, it has the potential to decentralize the internet.Applications built on etherum gives us direct power over our data. The money native to etherum is called ether or eth. Other than that ether is also a cryptocurrency like bitcoin.
One of the most important objective of ethereum is that it is not only created for exchanging transaction like buying and selling it but has many other alternatives. The experts and investors believe that etherium will increase in its value over time and it will be a good method that can make us money by buying etherium.
It can be concluded that ethereum is a backbone for the tech development and that's why it is a good store of value.
Pros
- Etherium is faster and more reasonable
- It can be used in different sectors
- Etherium supports smart contracts
Cons
- Ownership Distribution is a problem in etherium
- It is not a store of value
- Etherium is not very well known
