Ethereum (ETH) is weakening to reach Rs 17 crore

Ethereum (ETH) is weakening to reach Rs 17 crore
Ethereum (ETH) is weakening to reach Rs 17 crore – Hi loyal Graffiti friends around the world, back to the admin here with some interesting information, namely Ethereum (ETH) is weakening to reach Rs 17 crore that of course you are waiting for the latest price update.

Cryptocurrencies are now available with various names and prices, therefore, all of you as cryptocurrency entrepreneurs are required to know the names and prices of these cryptocurrencies one by one, and this review will fulfill all of them.

With so many cryptocurrencies spread all over the world, there is a cryptocurrency that, according to the administrator, is very stable and can be said to attract the attention of people who are aware of the uniqueness of this cryptocurrency.

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If you are someone who is really looking for a crypto currency that is stable and has its own characteristics, then you are in the right place, you want to know what is the uniqueness of Ethereum (ETH) East? Read more below.

What is Ethereum (ETH) and what is its current price?

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Ethereum is a decentralized open source blockchain system that has its own cryptocurrency, Ether. ETH serves as a platform for many other cryptocurrencies, as well as for the execution of decentralized smart contracts.

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Ethereum was first described in a white paper in 2013 by Vitalik Buterin. Buterin, along with other inventors, raised funds for the project in an online public sale in the summer of 2014 and officially launched the blockchain on July 30, 2015.

Ethereum’s goal is to become a global platform for decentralized applications, allowing users around the world to write and run software that is resistant to censorship, downtime, and fraud.

Ethereum price today is IDR 17,533,201 IDR with a 24-hour trading volume of IDR 595,310,761,484,282 IDR. Ethereum is down 3.07 in the last 24 hours. With a market capitalization of IDR 2,124,453,909,787,679 IDR.

Who invented Ethereum?

Ethereum has a total of eight inventors, which is a staggeringly large number for a crypto project. They met for the first time on June 7, 2014 in Zug, Switzerland.

  • Vitalik Buterin, a Russian-Canadian, is perhaps the most famous of the bunch. He wrote the original white paper that first outlined Ethereum in 2013 and is still working on improving the platform today. Before ETH, Buterin co-founded and wrote for the Bitcoin Magazine news website.
  • British programmer Gavin Wood is arguably one of the second most important inventors of ETH, as he coded the first technical implementation of Ethereum in the C++ programming language, proposed Ethereum’s main programming language, Solidity, and became the first chief technology officer of the Ethereum Foundation. Before Ethereum, Wood was a research scientist at Microsoft. After that, he went on to found the Web3 Foundation.

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Other inventors of Ethereum include: – Anthony Di Iorio, who was in charge of the project during the early stages of its development. – Charles Hoskinson, who played a major role in the founding of the Swiss-based Ethereum Foundation and its legal framework. – Mihai Alisie, who provided assistance in establishing the Ethereum Foundation. – Joseph Lubin, a Canadian entrepreneur who, like Di Iorio, had helped fund Ethereum in its early days and later founded an incubator for an ETH-based startup called ConsenSys. – Amir Chetrit, who helped found Ethereum but left early during development.

What makes Ethereum unique?

Ethereum has pioneered the concept of a blockchain smart contract platform. A smart contract is a computer program that automatically performs the actions necessary to fulfill an agreement between various parties on the Internet. This program is designed to reduce the need for trusted intermediaries between contractors, thereby reducing transaction costs and increasing transaction reliability.

Ethereum’s main innovation is the design of a platform that allows it to run smart contracts using blockchain, further strengthening the existing benefits of smart contract technology. The Ethereum blockchain is designed, according to co-founder Gavin Wood, as a kind of “one computer for the entire planet,” theoretically capable of making any program more resilient, resistant to censorship, and less prone to fraud by running it on a globally distributed network of public nodes.

In addition to smart contracts, the Ethereum blockchain can host other cryptocurrencies, called “tokens,” by using its ERC-20 compatibility standard. In fact, this is the most common use of the ETH platform so far: over 280,000 ERC-20 compliant tokens have been launched to date. More than 40 of them make up the top 100 cryptocurrencies by market capitalization, for example USDT, LINK and BNB.

the last word

That is the information that the administrator can transmit on this occasion regarding the previous title, hopefully this information can be useful and useful for many people, until we meet again in another interesting discussion.
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