Blockchain: A Very Short History Of Ethereum Everyone Should Read.

Bernard Marr, CONTRIBUTOR
Feb 2, 2018 12:28 AM 47,213
Even those who are not familiar with blockchain are likely to have heard about Bitcoin, the cryptocurrency and payment system that uses the technology.

Another platform called Ethereum, that also uses blockchain, is predicted by some experts to overtake Bitcoin this year.

What is Ethereum?

Ethereum is an open-source public service that uses blockchain technology to facilitate smart contracts and cryptocurrency trading securely without a third party. There are two accounts available through Ethereum: externally owned accounts (controlled by private keys influenced by human users) and contract accounts. Ethereum allows developers to deploy all kinds of decentralized apps. Even though Bitcoin remains the most popular cryptocurrency, it’s Ethereum’s aggressive growth that has many speculating it will soon overtake Bitcoin in usage.

How is Ethereum different than Bitcoin?

 

History of Ethereum: How it’s set to overtake Bitcoin by 2018

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