Ethereum (ETH)



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Description


Ethereum is a decentralized platform for money and new kinds of applications. In November of 2013, Vitalik Buterin publishes the Ethereum whitepaper and later in 2015 was released.

Ethereum works in the Ethereum Virtual Machine, Turing complete system, and follows the methodology of smart contracts. its protocol send the amount of the cryptocurrency to the address wallets instead of send to unspent transactions of blocks like Bitcoin and others cryptocurrencies, it simplifies the algorithm and implementations.

Another important thing: Ether is the cryptocurrency and Ethereum is the based technology.



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Last Update: 05-04-2019.