Ethereum , also known as ETH is cryptocurrency that uses Ethash algorithm to secure transactions. For more information see list bellow.
Proof type: PoW
Average user review: 5
Price: $1487.72( -7.36033% )
Price 24h HIGH: $1625.12
Price 24h LOW: $1488.65
Market Cap: $ 170965507565
24 Hour Volume: $ 29458131314
Available Supply: -
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.
These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middle man or counterparty risk.
The project was bootstraped via an ether pre-sale during August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss nonprofit, with contributions from great minds across the globe.