Review on Ethereum by Mathias David
My Review On Ethereum
Ethereum is a Nationwide open platform that decentralize software used for it own crypto
Ethereum was proposed in late 2013 by Vitalik Buretin,a crypto currency researcher and programmer.The system went live on 30th July 2015 with 72 million coins minted
Ethereum is a decentralized software application that allows to make an agreement and make transaction directly with each other to buy,sell and trade goods and services without middle man
Ethereum is the second-largest crypto currency by market capitalization.Ethereum serves as a platform for over more than 1,900 different cryptocurrencies by market capitalization
Pros
- Ethereum gives room to it's members to build and carry out smart contract
- It's not regulated by government bodies
- Ethereum has a very high"immune" system where a third party cannot make changes to the information
Cons
- The rate of transaction is very slow in ethereum
- Unstable node behavior with blockchain
