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A Noob Miner Which Seeks To Have More Than A Thousand Dollars In Ethereum But The Price Goes Down And Up
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GOLDENGATES3OP : Ok
GOLDENGATES3OP : Ethereum is an open source platform, which is used to run smart contracts. The platform has a high degree of decentralization, unlike other blockchains. It is programmable, which means developers can use it in building decentralized applications.[1][2]
GOLDENGATES3OP : These decentralized applications (or "dapps") take advantage of the transaction capacity of cryptocurrencies, the programmability of a smart contract and blockchain technology. They are reliable and predictable, which means that once they are loaded (mined) into Ethereum, they will always run as scheduled.
They can control digital assets to create new types of financial applications. They can be decentralized, which means that no entity or person controls them.
Right now, thousands of developers around the world are building apps on Ethereum and inventing new kinds of apps, many of which you can use today:
Cryptocurrency wallets that allow you to make cheap and instant payments with ETH or other assets (tokens)
Financial applications that allow you to borrow, lend or invest your digital assets
Decentralized markets, which allow you to trade digital assets, or even trade "predictions" about events in the real world.
Games where you have in-game assets and can even win real money.Non-fungible tokens.
The software developer Vitalik Buterin proposed to integrate a Turing complete language into the Bitcoin scripting system as an improvement to the protocol, although the concept is an original idea by Sergio Demian Lerner that he develops in his thesis.[3] Its development it was achieved thanks to a crowdfunding platform, from July to August 2014. The system came out definitively on July 30, 2015.
After a blockchain fork in July 2016, there are two active Ethereum blockchains: Ethereum and Ethereum Classic.
KingNY-Life GOLDENGATES3OP: So strictly speaking, it can not be called "currency". Now all kinds of messy procedures are made up of names, and they are not currencies at all.