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What is Ethereum and how is it used

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Ethereum is a platform used by blockchain app developers to create, develop and test blockchain technology and other Decentralized Financial technology. It is a decentralized blockchain technology used by peer-to-peer to securely verify application codes using smart contract technology. Users use its in-built token and currency called Ether (ETH) to make payments for the services they receive. It can be used by anyone especially in creating cryptocurrency apps and other DEFI apps using blockchain technology. Ethereum is widely loved and as a result has registered tremendous growth since its inception in 2015 owing to its scalable, secure, programmable, and decentralization capabilities. With markets tanking all over the world due to increased inflation and the war in Ukraine most currencies around the world have taken a hit below the belt and cryptocurrencies are no different. With the prices of Gold and other federal reserves widely affected in the USA and major world markets, talk ...
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Why Society needs Cryptocurrency

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Cryptocurrency is any digital or virtual currency that uses cryptography to secure its transactions. Bitcoin is a form of cryptocurrency and one of the fastest-growing digital currencies among all existing digital currencies. As of January 2020, there existed more than 2000 cryptocurrencies globally, and the number keeps growing. Over the years, Bitcoin has become a much-needed currency among the online fraternity and society. Secure Technology;  The use of blockchain technology ensures the security of transactions and client information. The entire cryptosystem is one of the factors that has endeared people to embrace cryptocurrencies. This technology is hackproof and cannot easily be destroyed, offering a better system than the conventional systems used by traditional banks. Transparency;  For very unclear reasons, the conventional banks' transactions are more often than not shrouded in mysteries and unspoken rules that, in most cases, create more bottlenecks for the clients...
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