Ethereum Prices-
About Ethereum-
Ethereum claims to be “a new foundation for a new era of the internet.” It promises internet with money and payments built in, where users own their own data with no apps or companies spying on you and stealing your data. It offers access to a decentralized open financial system, built on neutral, open-access infrastructure. Like Bitcoin, this means access to decentralized, but secure transactions. Similar to Bitcoin, Ethereum is based on blockchain, but unlike Bitcoin, it is programmable so that developers can use it to build new kinds of applications.
The Ethereum network generates ether, the unit of cryptocurrency the it uses to reward users for the contribution to the network. However, application of blockchain technology goes far beyond that of simply cryptocurrency and Ethereum offers developers a platform on which to build. Blockchain applications have, in the past, required a complex set of skills in coding, mathematics and cryptography. Further, massive physical resources were required in the form of hardware, computing power and electricity. Previously unimaginable uses of the technology are blossoming, including that of electronic voting, digital transfer of property an assets, as well as trading. Ethereum provides developers with the tools necessary to build decentralized applications, or dapps.
Started in 2015, Ethereum has enjoyed a whirlwind success story. While many believe Ethereum to be simply an alternative to Bitcoin, it actually widens the application field for blockchain usage. Some believe it will overtake Bitcoin as the primary cryptocurrency because of its diversity of use for developers and miners alike. Cofounder of Bitcoin Magazine Vitalik Buterin has stated that he believed Bitcoin to be approaching the issues the wrong way by going after individual applications in what he called a “Swiss Army knife protocol.” His vision was different. He imagined a platform using a general scripting language that allowed for trading more than just cryptocurrency. At the age of 19 in 2013, he released a whitepaper detailing what he imagined. This vision developed into Ethereum. Released as Frontier in 2015, Ethereum has grown and evolved quickly
Currently, thousands of users developers are using Ethereum not just to buy and sell items, but to develop cryptocurrency wallets, financial applications to loan, borrow, or invest digital currency and assets, and decentralized apps and markets. Ethereum claims the largest, most active blockchain community in the world, boasting a blockchain force of diverse talents - protocol developers, crptyoeconomic researchers, cypherpunks, mining farms, app developers, Fortune 500 companies, and ordinary users.
If you would like to learn more about new Ethereum news, this is a good place to start: https://ethereum.org/learn/#ethereum-basics