Ethereum crosses the threshold of a thousand dollars :


Boosting the success of bitcoin in 2017, other crypto-currencies are also gaining popularity. The ripple and the ethereum in particular have started well 2018. All virtual currencies combined are now worth more than 750 billion dollars, as the data published by CoinMarketCap.

Unlike the technology behind bitcoin, which was specifically designed to handle transactions in this currency, the ethereum is based on a much more flexible infrastructure. For example, the Ethereum blockchain is ideally suited for 'intelligent contracts', ie automatic transaction execution programs or other operations, provided that they meet certain conditions. A host of applications are thus based on the public Ethereum block chain. More and more startups are issuing their own digital token as part of Initial Coin Offerings (ICO). They are then often paid in ether by the investors.

At the beginning of 2017 again, the ether was worth less than 10 dollars, after which its value began to increase gradually. In the fall, the demand for this cryptocurrency accelerated sharply, so its value reached nearly $ 880. Now, for the first time in its history, the ether has gone through the thousand dollar limit.

0