Ethereum (ETH) logo
Ethereum (ETH) logo

Ethereum (ETH) Price and Reviews

Expert Review
May 22, 2020

Ethereum is an innovation network providing its own blockchain with its cryptocurrency (Ether or ETH). This blockchain hosts decentralized applications (DApps) that were first introduced by Ethereum. Another innovation of this platform is the implementation of smart contracts which has changed the perception of the possible use of the blockchain, revealing the potential of the technology to its fullest. Besides, Ethereum can be used as a virtual computing machine. Ethereum was created in late 2014 by a programmer and Bitcoin researcher Vitalik Buterin. Ether is the second-largest cryptocurrency by market cap. Like Bitcoin, the network is guarded by Proof-of-Work protocol although it was announced that Ethereum is going to switch to Proof-of-Stake in the future. The hugest known flaw of Etehreum is the network's low scalability.

logo
Exchange cryptocurrencies at the best rate in a few minutes
The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
Write your review
Rating
Please choose your rating.
Your review

Leave your review about Ethereum (ETH) here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name
Your Email

Your Email will not be published

User reviews

Here are no reviews yet. Be the first!

Related news
Country: Canada
Market cap: $ 68,347,960,389.313
Supply: 113,565,001.3115
Price (USD): $ 602.84
Volume 24h: $ 549,531,136.18166
Change 24h: -2.59%
Algorithm: Ethash
Proof type: PoW
Total supply: 0.0
Total coins mined: 111,766,505.615
Is trading: yes
Block reward: 2.0
Block time: 15.0
Ethereum (ETH) logo

Ethereum (ETH) Price and Reviews