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What is Ethereum?

investing08 - 2024-03-04 06:02:18

*Ethereum is a blockchain based project and world second largest cryptocurrency by market capitalization after Bitcoin.


*Ethereum is first to introduce as smart contract functionally to the crypto industry.


*Ethereum is also used as Bitcoin to send receive value globally without any third party.


*Ethereum is peer to peer (P2P) transfer currency.


*First Ethereum was proposed in 2013.


Founder of Ethereum


*Ethereum was first proposed in 2013 by Vitalik Buterin.


*Vitalik Buterin was just 19 years old at the time he proposed Ethereum.


*He wrote the first white paper that described Ethereum in 2013.


How many Ethereum coins are in there circulation?



  • Ethereum has a total supply of 120.2m coins in which 120.2m coins are circulating in market.


How Ethereum can we use


*Ethereum is digital currency that can we used to purchase good online.


*Ethereum can we used to pay for items in physical store.


*Ethereum can be traded for other digital currencies or traditional currencies like us dollar.


Ethereum and bitcoin


*Bitcoin is can only use as currency and store of value. new blocks validated ones in 10 mins.


*Ethereum can create and run applications, smart contracts and like other transaction on the network. Ethereum can also move market. Ethereum can move market and its more than a crypto currency, It can also divided into 18 decimals. Ethereum was forked in 2016.


Technical and future of Ethereum


*So if you want to invest in Ethereum the you have to wait for right time for entry, so that you can earn good return from your investment.


*We are here to give you knowledge and to give you a right time to invest in crypto market so that you can earn and secure money.


As i have explained in the chart below that there is a liquidity left at the level of 744$ and Ethereum can come and take it in next 2-3 months.


*Once the liquidity has been taken at its level shown in chart below, then there is high chance of Ethereum to move to 10K$ in next halving 2024-25.


*Those who will invest at the right time they will get good return from there investment, they can just 10x there investment.
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