Review on Ethereum by Crypto Currency 27
ETHEREUM
Ethereum was first discovered by Vitalik Buterin in 2013. Vitalik Buterin introduced ethereum in late 2013. Vitalik Buterin is a person who continues his life as both a programmer and a cryptocurrency researcher.
Ethereum acquired its funding from an online fundraiser in July and August 2014. resource.
Transaction fees are generally lower for Ethereum than for Bitcoin. In December 2017, Ethereum's average transaction fee was $ 0.33, while for Bitcoin, this value was $ 23.Ethereum in its most general definition is a distributed computing platform. Besides its open source, publicly accessible and Blockchain-based structure, Ethereum supports a computer protocol called "smart contract".
Pros
- 2nd largest cryptocurrency
Cons
- high transaction fees paid to miners
