What is Ethereum?

in ethereum •  7 years ago  (edited)

If you're new to cryptocurrency, you probably heard about bitcoin and not knowing we have thousand of alternative coins including our very own QUE Coin. The QUE Coin cryptocurrency is based on Ethereum Decentralized Platform on a blockchain network. Yes, using Ethereum some people says it is the Bitcoin 2.0.

If you don't have a bitcoin wallet, create your free account at Coinbase and we both earn $10 of free bitcoin.

QUE.com.What-is-Ethereum.001.by.GenesisMining

Infographic courtesy by Genesis Mining.

Ethereum is a Decentralized Platform.

QUE.com.What-is-Ethereum.002.by.GenesisMining

Ethereum reduced cost, No Single Point of Failure, prevents censorship, fraudproof and guarantees transparency.

QUE.com.What-is-Ethereum.003.by.GenesisMining

Ethereum is Applications. Some of the applications included the following:

  • Reputation Systems
  • Registering Contracts
  • Messaging Systems
  • Individual Currencies
  • Property Management
  • Online Voting
  • Social Networking
  • Finance
  • Trading Computer Resources
  • Decentralized Governance
"The most exciting applications of Ethereum are probably the ones that we have not even thought of." Vitalik Buterin, Creator of Ethereum.

QUE.com.What-is-Ethereum.004.by.GenesisMining

I hope that helps you understand the use of Ethereum. Let me know if you have other questions.

QUE.com.What-is-Ethereum.005.by.GenesisMining

Source: https://que.com/what-is-ethereum/
I first published this article in our website QUE.com (https://que.com/what-is-ethereum/)

Follow me @Yehey. Please Vote Up and RESTEEM.
Thank you

If you like my post, you may want to read my previous posts.
https://steemit.com/bible/@yehey/acknowledgement-com-matthew-6-19-21
https://steemit.com/news/@yehey/hurricane-harvey-is-a-1-in-1-000-year-event-unprecedented-in-scope-people-needs-our-help
https://steemit.com/bitcoin/@yehey/history-of-bitcoin-infographic-from-que-com

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This post received a 1.5% upvote from @randowhale thanks to @yehey! For more information, click here!

great post ! @yehey

Nice post. Same thoughts here. You read this stories about people selling their cars to buy cryptos and I think to myself: Don't invest money you don't have. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I was wondering if anyone of you uses: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. On: https://www.coincheckup.com/coins/Ethereum#analysis To check Ethereum Investment research report.