ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
Buy Crypto Now
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

What is Ethereum? | A Beginner’s Guide To Ethereum Cryptocurrency

KryptoMoney Staff by KryptoMoney Staff
March 27, 2017
in News
0
What is Ethereum? | A Beginner’s Guide To Ethereum Cryptocurrency
0
SHARES
960
VIEWS
Share on FacebookShare on Twitter

What is Ethereum?

Ethereum is an open source, blockchain based, public platform featuring smart contracts. It provides a decentralized virtual machines or as it is technically called Ethereum Virtual Machine ( EVM) which is designed to execute those smart contract scripts by using an intnernational network of public nodes, similarly, like the mining public nodes in Bitcoin network. (click here to read about bitcoins)

Ethereum provies a token of value called “Ether” which is used by the participants in order to make/receive payments  for the purpose of executing those contracts. In simple words, ether is a cryptocurrency in Ethereum network which is used to pay the network nodes for executing the transactions.

Ethereum was considered for building decentralized application for different  purpose. The man behind this concept was Vitalik Buterin, a programmer involved with Bitcoin network. Ethereum was developed in 2014 and was made live 30th July 2015.

Like Bitcoins, Ethereum is also a crypto currency and traded on crypto currency exchanges. It is noted that after Bitcoin, Ethereum is the most valuable crypto currency and is second in terms of market capitalization of crypto currencies.

What are Smart Contract?

Smart Contracts are basically applications build on blockchain technology. These contracts are executed by public nodes in the particular blockchain network of the contract. Also, these contracts or applications can help ,verify, or negotiate with the execution of a contract.

KryptoMoney.com will be posting more detailed articles regarding Ethereum and other cryptocurrencies. Subscribe to our newsletters to get notification about our latest articles

Tags: Blockchain Newscrypto currencyetherethereumsmart contractswhat is ethereum
Previous Post

Russian Banks Considering Blockchain Technology

Next Post

Russia organizes Bitcoin & Blockchain Conference

Next Post
Russia organizes Bitcoin & Blockchain Conference

Russia organizes Bitcoin & Blockchain Conference

Recent Stories

Blockchain

Bitcoin Tech and Financial Services Firm NYDIG Secures $200 Million In New Funding Round

March 8, 2021
Trading

PayPal To Acquire Curv, First Acquisition In Crypto Space

March 8, 2021
VET Price Analysis: VET/USD Price Snowballs Past Double Top Around $0.063 Amid VeChain Bull Cycle

VET Price Analysis: VET/USD Price Snowballs Past Double Top Around $0.063 Amid VeChain Bull Cycle

March 8, 2021
As NFTs Frenzy Catches On, Here Is Why NFTs Related Tokens, Audius (AUDIO), NFTX, FLOW Are Rallying

As NFTs Frenzy Catches On, Here Is Why NFTs Related Tokens, Audius (AUDIO), NFTX, FLOW Are Rallying

March 6, 2021
Altcoins Blow HOT! Uniswap Enters Top 10, Crypto Market Recovers As Senate Passes $1.9 Trillion Relief

Altcoins Blow HOT! Uniswap Enters Top 10, Crypto Market Recovers As Senate Passes $1.9 Trillion Relief

March 6, 2021
XRP Price Analysis: Bulls Await Fresh Rally on XRP/USD Beyond $0.5, Ripple Gains Legal Victory in Tetragon Lawsuit

XRP Price Analysis: Bulls Await Fresh Rally on XRP/USD Beyond $0.5, Ripple Gains Legal Victory in Tetragon Lawsuit

March 6, 2021
What’s Next for Bitcoin and Ethereum Price Amid Market Uncertainty? THETA, Terra Attain New All-Time Highs

What’s Next for Bitcoin and Ethereum Price Amid Market Uncertainty? THETA, Terra Attain New All-Time Highs

March 5, 2021
IOTA Price Analysis: Steady Climb on IOTA/USD to $1.50 Ahead of Coordicide Rollout, Bitfinex Adds IOTA As Collateral

IOTA Price Analysis: Steady Climb on IOTA/USD to $1.50 Ahead of Coordicide Rollout, Bitfinex Adds IOTA As Collateral

March 5, 2021
ETH Price Analysis: Upside Run Resumes As ETH/USD Fixate on $2K, Bolstered By On-Chain Metrics

ETH Price Analysis: Upside Run Resumes As ETH/USD Fixate on $2K, Bolstered By On-Chain Metrics

March 4, 2021
Venture Capital Investor Tim Draper Says Netflix May Be Next Fortune 100 Company To Purchase Bitcoin

Venture Capital Investor Tim Draper Says Netflix May Be Next Fortune 100 Company To Purchase Bitcoin

March 3, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

Keep in mind that we may receive commissions when you click our links and make purchases. However, this does not impact our reviews and comparisons. We try our best to keep things fair and balanced, in order to help you make the best choice for you.
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree