What is Ethereum?

Nowadays, many users are looking for a coin that can crush Bitcoin's throne. Many respond to this question as Ethereum. But there is one important thing to note here. Ethereum comes not to shake Bitcoin's throne, but to make this technology innovation. Ethereum has a fundamental goal: to create a faster platform that has become more decentralised.

In this article, we will just refer to Ethereum.

Bitcoin is the most widely used digit

al currency in the world, but there are many altcoins. Hundreds of altcoins are currently circulating in international stock exchanges, and this is increasing day by day.

Ethereum can be thought of as a programmable version of bitcoin. It allows you to define digital contracts differently than Bitcoin. In this system, called Proof of work, contracts (programs) are compiled and deployed to the blockchain.

Among the key features of the Ethereum platform are the reliable data protection against corruption, the data system that third parties cannot change, and the protected structure against cyber attacks.

How Ethereum works?

Although Ethereum looks like an "altcoin" at first sight, actually it isn't. Ethereum is an open source, decentralised, distributed computing platform with smart contract functionality. The Ethereum provides a cryptographic symbol named "ether" which can be used for computations carried out and performed between users. Hence it is like fuel of the crypto world.

As we pointed out before, using this operating system, "decentralised" software protocols can be developed on Ethereum. Thus, it is possible to create thousands of altcoins in the same central operating system and to use accepted contracts over a single block chain. In this respect, many altcoins now use the Ethereum platform.

How to buy Ethereum? 

You can purchase Ethereum using the referenced links below and invest in other altcoins in the Ethereum platform.

Ethereum WhitePaper:
https://github.com/ethereum/wiki/wiki/White-Paper