Thursday, September 29
Shadow

Tag: Ether as Currency in Financial Transactions

Is Ethereum a Cryptocurrency or A Blockchain Platform?

Is Ethereum a Cryptocurrency or A Blockchain Platform?

Finance
Bitcoin was the first blockchain technology for monetary transactions, but Ethereum was the first to create a decentralized computer. The creator of a smart contract can define any environment in a completely decentralized manner. The technological innovations available on the Ethereum blockchain have given rise to new, groundbreaking business models, referred to as DApps. DApps support open network enterprise models via the inclusion of native payment systems, reputation systems, uncensorable content, and autonomous agents. Ethereum is preparing for the most important upgrade in its history. Soon, it will switch to a new consensus mechanism. You Can Use Ether as Currency in Financial Transactions Ether is the bespoke token of the Ethereum blockchain, and its value is tied direc...