Ethereum is a platform for creating decentralized applications (dapp) using so-called smart contracts. These are pieces of code that, in accordance with certain requirements, automatically perform a specified action, for example, send investors a share of the profit from the application after a predetermined date. Bitcoin also has smart contracts, but Ethereum simplifies their use because they are built into the system itself. Everything happens in the blockchain, which is also used in Bitcoin. Blockchain serves as an open account log, where everything that happens on the network in real time is recorded. It’s the tool that makes everything work. Blockchain, and therefore the Ethereum network, is distributed to thousands of computers (or nodes) around the world. Solidity, a Turing complete language is used to create smart contracts, so contracts in the blockchain can handle most of the computing functions, and contracts can be quite complex on the device.
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What is the OmiseGo (OMG) project?-What is OmiseGo? OmiseGo is an independent subsidiary of Omise company, a payment processor founded in 2013 and established in South East Asia, primarily Thailand. In 2015, the company began to explore how it could use blockchain technology to grow ... Read more
What is Streamr (DATAcoin)?-Price and capitalization of Streamr (DATA coin) You will find below the main information concerning the price and the capitalization of Streamr: the price: in dollars and in bitcoin, as well as the price variation over the last 24 hours ... Read more
What is a token?Introduction to token economy- Definition of a token A token is a digital asset that represents a certain value, power or right in a network. Tokens can be transferable, exchangeable from one individual to another without going through an intermediary, and in real ... Read more
Ethereum Smart Contracts, how do they work?-Smart contracts allow to code the conditions under which money can move between two or more parties, eliminating the need to trust an intermediary. They are part of every cryptocurrency. For example, Bitcoin allows payments directly between Alice and Bob ... Read more
How can I use Ethereum?-Before we get some ether, we need a place to put it. This brings us to the idea of an Ethereum wallet. Like its real world counterpart, an ethereum wallet is made to store value. (It is common to use ... Read more
BAND tokens and how to get some Free-Ethereum, EOS and Chainlink are the leading blockchain platforms of our time. These are also cryptocurrencies that are very popular and consistently placed in the top 10 list. However, recently appeared Band Protocol, which uses all the best Ethereum, EOS ... Read more
What is Celo CGLD-Celo CGLD listed on Binance After the announcement that Celo will be listed on Binance, few days ago, the price exploded in a huge up swing, taking investors by the storm. At the time of this writing, Celo is listed ... Read more
What is Chainlink- Chainlink is a project that seeks to solve a fundamental problem in the world of cryptography: a secure and reliable connection between data within the blockchain and offline data. For many years we have known blockchains that have always ... Read more
How to buy MANA-What Is Decentraland (MANA)? Decentraland is a virtual reality platform created in the Ethereum ERC20 blockchain and whose creative possibilities do not place limits on imagination. What is the difference between Decentraland and other virtual reality games that we currently ... Read more
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