What It Is & Information
Ethereum is first of all a decentralized system which means it is not controlled by any single governing entity. An absolute majority of online services, businesses and enterprises are built on a centralized system of governance.
crypto enthusiasts same as like from big Companys etc.
This relatively new cryptocurrency not only presents a significant change to the status quo, it also allows for the quick development and deployment of new applications for Developers. Ethereum essentially enables dozens of new and extremely innovative cryptocurrencies to exist today.
Although it does have its differences on the surface of Ethereum functions as a cryptocurrency much like most others. Ethereum’s token called “Ether,” worksvery similar to bitcoin. You can buy and sell it on Exchanges with confirmations for transactions handled over the blockchain. The Ethereum Wallet is a gateway to decentralized applications on the Ethereum blockchain. It allows you to hold and secure ether and other crypto-assets built on Ethereum, as well as write, deploy and use smart contracts.
Ethereum Technical Information:
99.421.341 ETH (MAX 100 Million)
Mean block time
Block reward details
5 per every new block
5 Ether (ETH)
Current block reward
5 Ether (ETH)
Vitalik Buterin, Joseph Lubin, Gavin Wood, etc.
October 7th, 2011