Ethereum (ETH) Price, Market Cap, Charts, News - CoinDesk

Ethereum was created by Vitalik Buterin, a young programmer who was told about bitcoin by his father and decided to create a platform for smart contracts; which bitcoin is not designed. But Buterin conceived of Ethereum as a platform on which two parties could enter into a contract on a price without a third party, according to Paul McNeal, a Bitcoin Evangelist and long-time cryptocurrency investor. ETH, uSD, quick Stats, ethereum Price 520.4846, market Cap 52,054,227,511, trading Volume 1,484,013,838 24h Low / 24h High 504.25620 / 550.78763.

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The Ethereum platform is powered by ether tokens, according to The Huffington Post, and can be used as both a currency and can "represent virtual shares, assets, proof of membership, and more." Its numerous applications are partially responsible for its popularity and recent rise. Find your career in blockchain. But what exactly are ether tokens and Ethereum? All Time High 1,448.18008613, since All Time High -64, all Time High Date (5 months) 24 Hours -5.5 7 Days -15 14 Days -8.0 30 Days -23 60 Days 22 1 Year 53, links, misc. They are also corruption and tamper proof, making censorship impossible, and are secure against hacking attacks and fraudulent activities.

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A survey recently cited by Nathaniel Popper in The New York Times indicates that businesses are far more bullish on ether, and the future usage of Ethereum, than bitcoin. Ethereum runs smart contracts, which allow a higher level of protection from downtime, censorship, fraud or third party interference. What IS THE difference betweelockchain anatabase? 2017 Year-in-Review Cryptocurrency Report, click here to view the report.

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OK or Read More. Only 49 of firms surveyed had a positive feeling about bitcoin.

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Users tend to prefer confidentiality, which is better achieved through a centralized database. What CAN ethereum BE used FOR? Decentralized applications benefit from immutability, ensuring that no third party will interfere with data. Ethereum is a public blockchain platform that allows developers to build and deploy decentralized applications.