Ethereum is an alternative cryptocurrency that is worth understanding. Named after “the hypothetical invisible medium that permeates the universe and allows light to travel”. It differs from Bitcoin and other currencies in a number of ways, including practical applications and the ability to generate new coins consistently. Many users are overwhelmed by the terminology in […]
dApps
What is Ethereum? – A Quick and Simple Overview of the Basics
Ethereum is a term you’ll often hear when researching cryptocurrencies. At Ethereum.org, it’s described as the “blockchain app platform“. So what does that mean? In simple terms, Ethereum is the name of the network developers are creating applications on, these (decentralised apps or dApps) are called smart contracts. It uses the blockchain global ledger as […]