Ethereum: The Complete Investing Guide in the Cryptocurrency

Ethereum: The Complete Investing Guide in the Cryptocurrency Ethereum
Learn how to make a lot of money with the rising star of the cryptocurrrencies: Ethereum!

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Ethereum is a rising star in the world of cryptocurrency and is currently challenging the popular Bitcoin for the top spot. As of writing, it is second only to Bitcoin when it comes to value among existing digital payment methods. After Ethereumâ€™s launch in 2015, Ether, which is Ethereumâ€™s currency, has exponentially risen in value. After only a year, etherâ€™s value increased to above 2300 percent. Currently, an ether (a unit of Ethereum) is valued at around 300 US dollars.

Being the next biggest cryptocurrency to Bitcoin, comparisons are inevitable between Ethereum and its big brother. There have also been rumors and claims of Ethereum being a â€˜bubbleâ€™ because of its rapid rise in value and fame. But advocates of this fast-rising cryptocurrency state some advantages compared to Bitcoin that are worth taking a closer look at.

The first difference is that Ethereum allows cryptocurrency transaction records called â€˜blocksâ€™ to be created faster than it is currently done using Bitcoin. Although Bitcoin is now widely accepted by online merchants and is even being adopted by physical stores, the fans of Ethereum believe the efficiency of this cryptocurrency makes for better transactions.

The most important advantage of Ethereum over Bitcoin is that this cryptocurrency technology allows the computer applications to run on its network, not just ether by itself. The significant appeal of Bitcoin lies in the fact that it canâ€™t be controlled by any single party and it is not running via a central server. Ethereum improves on that by allowing not only the currency but other things as well to be run inside the network. Letâ€™s take Dropbox as an example. When you put files in this storage service in the cloud, you trust that Dropbox will take care of your files. But since Ethereum is in a decentralized storage, your faith lies on the people who are using the network and are interested in maintaining the network.

There are quite a number of applications currently being developed for Ethereum. The network is also used by startup companies in raising money through coin offerings. These offerings may exchange cryptocurrencies like ether for special access to a particular service.

One thing is for sure: Ethereumâ€™s popularity has skyrocketed and with it, the cryptocurrencyâ€™s value. And it continues to grow just after two years of launch. All the ether currently in circulation now has a total value of 27.8 billion dollars, while itâ€™s 55.7 billion dollars for Bitcoin. Not bad for a two-year-old currency. And more investors are taking notice of this rising star.

Here Is A Preview Of What You'll Learn...
- What is Ethereum?
- What is Ethereum Mining?
- Uses Of Ethereum
- How to Buy, Sell, and Store Ethereum
- Should I Invest in Ethereum?
- The Future of Ethereum
- Blockchain Programming
- And much, much
  more!
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Country USA
Author David Johnson
Binding Kindle Edition
Format Kindle eBook
IsAdultProduct
NumberOfPages 34
PublicationDate 2017-12-26
ReleaseDate 2017-12-26

Country	USA
Author	David Johnson
Binding	Kindle Edition
Format	Kindle eBook
IsAdultProduct
NumberOfPages	34
PublicationDate	2017-12-26
ReleaseDate	2017-12-26

Ethereum: The Complete Investing Guide in the Cryptocurrency Ethereum

Learn how to make a lot of money with the rising star of the cryptocurrrencies: Ethereum!

Here Is A Preview Of What You'll Learn...

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