Rtvassen.com – Getting to Know the Ethereum or Ether Digital Coin, Get to know the Ethereum or Ether Digital Coin which is currently being chosen for digital trading. One of the cryptocurrencies whose value continues to rise to make many curious. Moreover, many predict that its value will continue to skyrocket.
Cryptocurrencies over the last few years have become the talk of many media, especially among investors. No longer a means of payment for digital transactions, cryptocurrencies are also an investment. Moreover, this type of investment is being favored by young people or millennials.
Digital currency or crypto is now present and traded in almost all countries in the world. Indonesia is no exception, whose authorities have ratified it as an investment instrument. This is because the development of digital currency has been quite rapid since it was first introduced in 2013.
Currently, the type and number of cryptocurrencies continue to grow, and there are even local products. Although more people like Bitcoin, the pioneer or Ether, which is the biggest competitor. Currently, these two types of cryptocurrencies are the target of many investors.
The demand for the Ethereum digital coin as one of them continues to increase and drive its value up. This is the main attraction for many modern investment enthusiasts. Various improvements were made by the creators of other cryptocurrencies to attract the interest of their users.
Ethereum besides being a competitor to Bitcoin also has advantages that make many users start switching to it. It was created in 2013 by Vitalik Buterin with a public peer-to-peer system. A blockchain that has its own digital currency, ether.
A system that makes it easy for developers to produce an application. In other words, there is a decentralized software platform. This is a differentiator from Bitcoin which first came to the world market, although there are also similarities.
The Ethereum digital coin has advantages that are at the same time attractive for many users as well as investors. These advantages are what makes the value of Ethereum continue to skyrocket and here are some of them:
- Uses the same blockchain technology as Bitcoin. However, the network has been updated to Ethereum 2.0.
- There is a special exchange namely ether futures in Chicago. This will make it easier for institutional investors to participate in the rollout of the Ethereum 2.0 network.
- The world’s largest bank, Visa, provides crypto and blockchain-based features.
- This is what makes its value continue to skyrocket and get closer to Bitcoin.
- It is very easy to cash out this cryptocurrency whenever you want.
- Being the first to introduce and use smart concepts.
There are more advantages possessed by the Ethereum digital coin and at the same time its attractiveness. Those of you who plan to own cryptocurrency can try to transact on Ethereum. A new way to manage owned funds through digital currency.