When we talk
about cryptocurrency a lot of people do not know anything other than Bitcoin.
Ethereum is the second largest cryptocurrency in the market after Bitcoin.
People buy ethereum comparatively
much less than Bitcoin but slowly and steadily it is gaining some prominence.
It may not be spoken of at the same time and same breath with that of Bitcoin
but it is getting there.
Ethereum has shown a growth in the past couple of months increasing its value almost ten times.
Ethereum has shown a growth in the past couple of months increasing its value almost ten times.
There are a
lot of advantages of investing in Ethereum too. The apps never go off and that
makes it a zero downtime application. It is fraud proof and tamper free. The
security maintenance of this particular platform is beyond explanations.
A lot of
characteristics are pretty similar to those of the Bitcoin. It is also
decentralized, anonymous, and obviously includes miners. The ethereum is kept
secure by Ether which acts as an incentive to all the miners. Ethereum, in the
beginning had very limited usage and actions in the beginning but as time
passed by it expanded to achieve greater features.
Vitalik
Buterin is a Canadian-Russian programmer who founded Ethereum with the vision
of transforming currency and online transactions. Initially he wanted to create
a blog for Bitcoin when he met a person in Bitcoin chat forum.
He came up
saying that Ethereum is a better upgrade of Bitcoin. To come clean on white
paper we only saw Ethereum make strides in 2013. No doubt that there were a lot
of glitches in the beginning but that all got better with time.
Cryptocurrency exchange in India has seen almost equal investments
from both Bitcoin and Ethereum. Digital currencies see an upward trend in the
economic market. Ethereum is a much more flexible structure than that of
Bitcoin. The codes in block chain can be altered and crafted equally.
