What is Ethereum and how is it used
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 ...