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.
Screenshot 2024-02-14 at 5.23.45 PM (2).webp