*Ethereum is the world's second largest crypto project by market capitalization and was the first to introduce smart contract functionally to the industry.
*Ethereum is a blockchain based software platform that is primarily used to support the world second largest cryptocurrency by market capitalization after bitcoin like other cryptocurrencies,
*Ethereum can be used for sending and receiving value globally and without a third party watching or stepping in unexpectedly.
Founder
* Ethereum was first proposed in 2013 by developer Vitalik Buterin, who was 19 at the time and was one of the pioneer of the idea of expanding the technology behind bitcoin blockchain to more use cases than transaction.
* Ethereum was first proposed in 2013 by developer Vitalik Buterin, who was 19 at the time and was one of the pioneer of the idea of expanding the technology behind bitcoin blockchain to more use cases than transaction.
Ethereum are there in circulation?
* In September 2021, there were around 117.5m Ethereum coin in circulation, 72 million of which were issued in the genesis block the first ever block on the Ethereum blockchain of there 72 million , 60 million were allocated to the initial contributors to the 2014 crowd sale that funded the project , and 12 million were given to the development fund.
* The remaining amount has been issued in the form of block rewards to the miners on the Ethereum network. the original reward in 2015 was 5 Ethereum per block, which later went down to 3 Ethereum in late 2017 and then to 2 Ethereum in early 2019. the average time it takes to mine an Ethereum block is around 13-15 seconds.
Where you can buy Ethereum
* Binance
* Coinbase
* Okex
* Kraken
* huobi global
How Ethereum we can use
*Ethereum is a digital currency that can be used to purchase goods and services online.
* Ethereum can be used to pay for items in physical stores.
*Ethereum can be traded for other digital currencies or tradional currencies like the us dollar.
*Ethereum is often used to make payments for goods and services on the internet.
*Ethereum has been used to create new business and application.
Ethereum & Bitcoin
*Bitcoin primary use is as a virtual currency and store of value. ether also works as a virtual currency and store of value, but the decentralized ethereum network make it possible to create and run application, smart contracts and other transaction on the network. Bitcoin does't offer these function. it'sn only used as a currency and store of value.
* Ethereum also process transaction more quickly. new blocks are validated on the bitcoin network once every 10 minutes while new block are validated on the Ethereum network once every 12 seconds," Gary Dewaal, chair of katten's financial markets and regulation group and future development could speed up ethereum transaction even more, he notes.
Interesting facts
* Ethereum is more than a cryptocurrency.
* like bitcoin, Ethereum can move the market.
* Ethereum was crowd funded.
* A lot of bussiness love Ethereum.
* Ethereum can be divided to 18 decimals.
* Ethereum was forked in 2016.
Analysis of Ethereum
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*Now eth support at 3040-3055 if we don't hold this support area next support at2860-2875 then next strong support at 2300-2315, then next support at 1690-1705.
*Now eth resistance at 3570-3585 if we break here with volume and hold this area next resistance at 4020-4035, next strong resistance 4390-4405, then next resistance at 4880-4895.
*This is all eth support and resistance for next three year, eth cross a 7000 dollar mark if you are thinking to invest in eth then try to invest for longterm 4-5 years because crypto have high volatile market.
*If you have longterm vision you can get good returns in future.
How to earn from Ethereum
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