I mean etherium
It is not considered as a currency as the creators as it is considered an intelligent contract (generally all digital currencies are intelligent nodes), but the difference between them and between them is as follows:
Pentecostal has a specific production quantity, while etherium has no limit to the amount of production
In addition, it is primarily a coin, but it applies the principle of intelligent contracts with limits imposed by the size of the physical block, which contains several information, including production and transmission movements and the length of the block production period (equal to 10 minutes), which neutralized the application of smart contracts, Companies have invested in the theme of smart contract application through the General Registry for the developers
The size of the block depends on the information stuffed inside, and the block production period is 3 seconds. In other words, it has the ability to host any information that is integrated into the block chain of the etherium.
It is not possible to compare the formation of etherium to the difference of principle and application even though the substance is one
Strangely enough, in this currency, when the price began to decline retroactively, a kind of smart contract called DAO, a shortcut to the word Decentralized autonomous organization,
The emergence of DAO has raised the price of insane etherium as you see it now.
The POS mining system was supposed to be implemented but was deferred until the DAO impact was assessed on this currency.
Noting that the mining system for the Athrium with the use of the screen card POW has reached the size of investment in more than $ 30 million so far !!
Everyone (especially the digital currency experts) is waiting for the final result of what the DAO will do on the price of the cathartic coin
What is puzzling about the matter is that as long as there is no limit to the quantity produced, the price of the etherium continues to rise as the Smart Contract appears to be based on the general record of the etherium.
Financial logic says otherwise, as long as the amount of production is unlimited, then the price must fall, but perhaps the adoption of the principle of smart contracts and the success of the smart contract idea applied, is behind the rise in shares of this currency.
Sorry to be that guy but its Ethereum (First line in the post calls it Etherium.) using only E's. That makes it E-asier to remember, at least for me.
I personally think that there are a few ether killers on the market. Ether isn't meant to be speculated.. Meaning there will be a lot of sellers soon. People selling their ether wont kill the platform though, rather a different better system (like neo or EOS imo) will come to take its place.
This is all personal opion of me and observation.
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