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#Post#: 6--------------------------------------------------
About Ethereum (ETH)
By: Ziadjbt78 Date: August 30, 2019, 8:32 am
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Ethereum (ETH) is a smart contract platform that enables
developers to build decentralized applications (dapps)
conceptualized by Vitalik Buterin in 2013. ETH is the native
currency for the Ethereum platform and also works as the
transaction fees to miners on the Ethereum network.
Ethereum is the pioneer for blockchain based smart contracts.
When running on the blockchain a smart contract becomes like a
self-operating computer program that automatically executes when
specific conditions are met. On the blockchain, smart contracts
allow for code to be run exactly as programmed without any
possibility of downtime, censorship, fraud or third-party
interference. It can facilitate the exchange of money, content,
property, shares, or anything of value. The Ethereum network
went live on July 30th, 2015 with 72 million Ethereum premined.
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