Ethereum: Exploring the World's Second Largest Cryptocurrency

Ethereum is a smart contract platform that allows developers to build decentralized applications (DApps) on their blockchain. Ether (ETH) is the native digital currency of the Ethereum platform.

Ethereum is supported in part by the Ethereum Foundation, a non-profit organization that is part of the larger Ethereum ecosystem, along with Ethereum corporate consortia such as the Ethereum Enterprise Alliance.

Ethereum 2.0 will lead the blockchain from a proof-of-work consensus mechanism (also used by Bitcoin ) to proof-of-stake . This will be a marked departure from the tried and tested protocol that has been in use for five years.

This will not lead to the creation of a new cryptocurrency, your ETH will remain exactly the same. Instead, most of the changes will be on the backend, technical improvements that you probably won't even notice.

The ETH 2.0 blockchain network has been in development since 2015 and will not be rolled out overnight. One of the main goals is to increase capacity, which means that transactions can run faster. The explosive growth in the number of open source DApps , not to mention the decentralized finance sector , has put a heavy load on this blockchain network.

As an example, it's worth remembering what happened when CryptoKitties was launched in the heady days of 2017, when Ether and Bitcoin were nearing all-time highs. The demand for these collectible cats has reached such a peak that dozens of transactions are stuck waiting to be processed.

Making the backbone scalable in the future may be critical to its survival. Without it, crypto enthusiasts may end up moving their businesses elsewhere.

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

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Ethereum

Ethereum is a platform that makes it possible for any developer to build and publish next-generation decentralized applications. It's designed to run the code of any application without any central authority: on the blockchain. This means that developers can create applications that run completely autonomously, without any possibility of downtime, censorship, fraud or third-party interference.

A Next-Generation Smart Contract and Decentralized Application Platform ICO TimeLine June 2014 - August 2014

Ethereum was founded in 2014 by Vitalik Buterin, a Russian-Canadian programmer. It is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.

Ethereum has attracted many users because it allows people to make money by creating and selling their own cryptocurrencies on the platform.

Ecosystem for Blockchain Innovation Description Adel is a blockchain agnostic incubator. Its platform will enable value creation and sharing among members of the Adel community.

Adel is a blockchain agnostic incubator. Its platform will enable value creation and sharing among members of the Adel community. As a fully decentralized organization, Adel will be a leader in innovation and disruption by giving investors access to projects that have been vetted and approved by the community.

Adel can help businesses integrate block chain technology into their operations through consulting services, technology implementation, and training programs that focus on enterprise adoption of cryptocurrencies such as Ethereum or Litecoin (LTC).

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Ethereum Team