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What is Ethereum ?
Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether (ETH or Ξ) is the native cryptocurrency of the platform. Amongst cryptocurrencies, Ether is second only to Bitcoin in market capitalization.
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The benefit that Ethereum can get is that it gets a fee from the costs of coin development, distribution, and transactions that occur on the Ethereum network. In fact, ethereum is the world’s second largest cryptocurrency after Bitcoin. Ethereum’s rise came as the European Investment Bank (EIB) issued digital bonds on the Ethereum Nockchain network.
Ethereum provides a Smart Contract feature that is executed automatically. Smart Contracts are in charge of binding agreements between a number of parties. Once the contract has been made, its contents can no longer be changed. The existence of Smart Contracts makes Ethereum not only suitable for use in the cryptocurrency environment, but can also be applied to other sectors such as supply chain management.
You could say that Ethereum is a liquid investment asset thanks to the existence of exchanges, trading platforms, and online brokers around the world. With a simple process, owners can exchange Ethereum into gold or cash.Download Here