What is Ethereum?
If you’re new to cryptocurrency, you probably heard about bitcoin and not knowing we have thousand of alternative coins including our very own QUE Coin. The QUE Coin cryptocurrency is based on Ethereum Decentralized Platform on a blockchain network. Yes, using Ethereum some people says it is the Bitcoin 2.0.
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Infographic courtesy by Genesis Mining.
Ethereum is a Decentralized Platform.
Ethereum reduced cost, No Single Point of Failure, prevents censorship, fraudproof and guarantees transparency.
Ethereum is Applications. Some of the applications included the following:
- Reputation Systems
- Registering Contracts
- Messaging Systems
- Individual Currencies
- Property Management
- Online Voting
- Social Networking
- Finance
- Trading Computer Resources
- Decentralized Governance
“The most exciting applications of Ethereum are probably the ones that we have not even thought of.” Vitalik Buterin, Creator of Ethereum.
I hope that helps you understand the use of Ethereum. Let me know if you have other questions.
