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Writer's pictureFahad H
May 21, 20191 min read

Should You Invest in Ethereum


Should You Invest in Ethereum

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My title is Ameer Rosic, and I’m a serial entrepreneur, investor, advertising and marketing Strategist and Blockchain Evangelist

What is Ethereum?

As one can inform, Ethereum is a cryptocurrency that’s based mostly on blockchain know-how. Like Bitcoin, it’s a cryptographically signed document of a transaction and retailer of worth. Ethereum was first launched in mid-2015. This means it’s nonetheless a comparatively new know-how however it’s certainly taking the world by storm. Like Bitcoin, Ethereum can be constructed on a public blockchain. Think of the blockchain as a public ledger of all of the transactions which are going down. The central concept behind the Ethereum protocol is that of “smart contracts”. It can be a chunk of blockchain know-how that permits builders to construct and deploy decentralized purposes. On the Ethereum community, miners work to earn “Ether”. This can be utilized by software builders to pay for transaction charges on the complete community.

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