Bitcoincash rival :Ethereum and its blockchain.

3 27
Avatar for Big-E
Written by
2 years ago

Ethereum as an influencial and crucial token has a role to play in the crypto verse and most especially when it comes to dealing with smart contract address and other computer-like features of the token.

Table of contents.

__________________

Ethereum: the world's digital computer.

The key characteristics and features of ethereum as a smart token.

Ethereum and web 3.0.

Ethereum in the crypto verse and its improvement (Ethereum in the crypto verse.

Ethereum: the world's digital computer.

__________________

Ethereum: the world's digital computer

The world's first digital computer on the crypto verse is on the verge of going to the moon. Ethereum is know for it smartness and most especially known as the world's computer due to it fast payment, high fees, smart contracts, and other decentralized features.


Ethereum: The key characteristics and features of ethereum as a smart token.

Every token and it blockchain has it own characteristics that supercede other tokens, that is why there are preference in trading in tokens. When it comes to the ethereum there are lots of key characteristics that made it earn a reputable name in the crypto verse.

Key features of ethereum.

Rutheless access

Ethereum owns a really rare and super features such that the tokens or applications built on its blockchain could be accessed from a far distance. Which make it liable to hacks but it depends on the kind of security placed on the application. Little fact about ethereum is that it is ruthless. Everyone has a license to run and use application on the network.

It neutral state.

When it comes to being in a neutral state ethereum is classified under this tokens. Ethereum has built a legacy that brings in respects from users and other token founders, about the surprising features and neutrality of the token makes it Superior over other tokens.

Durability.

Ethereum is more durable and more reliable when it comes to trading with a durable and reliable coin. Ethereum is listed among them and it is tested by different sources and the claims in it white paper are proven right.

Transparency.

Free to use and straight forward. All application and operating units running on it blockchain are lightened to user of the blockchain. There are no property software or algorithms that affects it participants.


Ethereum and web3.0

Ethereum and web3.0 has got a lot of good news cause their functions and aims goes together. Concerning web2.0 which is made of large social media and also small media like Facebook , Google, Yahoo, Twitter, Instagram dorminants the web2.0, and web3.0 supports the usage of cryptocurrencies and smart contracts.

Ethereum in the crypto verse and its improvement (Ethereum in the crypto verse.

Ethereum aims and objectives as a decentralized trading platform or token is to build a decentralized web which is the web 3.0 unlike web 2.0 which is controlled by algorithms and products and company information are hidden from the prospective customer or buyer. Web 3.0 supports transparency and durability.


QUOTES BY VITALIK BUTERIN, THE FOUNDER OF ETHEREUM-

" Instead of putting taxi driver out of job, blockchain puts Uber out of job and let taxi driver deal with their customers.

Source-Bitcoincom.

_________________

All information this article carries facts and more information about the topic and all materials used in this article are mine unless stated other wise.

The information are free from erotic contents and all the information are used for promotion of cryptocurrencies.

5
$ 1.50
$ 1.38 from @TheRandomRewarder
$ 0.05 from @GarrethGrey07
$ 0.03 from @Ling01
+ 3
Avatar for Big-E
Written by
2 years ago

Comments

I still prefer BCH. Having experienced the high transaction cost of Ethereum turned me off.

$ 0.00
2 years ago

Ethereum is just well know. But it's not great for day to day payment.

$ 0.01
2 years ago

I think that the community and security provided by the Bitcoin cash network is enough to prefer BCH

$ 0.01
2 years ago