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What associations do you have with the word cryptocurrency? Bitcoin of course! And this is not surprising, because it is the first and most popular digital currency in the world.
The first issue of Bitcoin (BTC) took place in January 2009. According to the authoritative website for tracking the prices of cryptocurrencies "CoinMarketCap" today there are more than 1100 digital coins. Despite their number, Bitcoin remains the unchanging leader. On July 28, 2020, its price broke all possible records, reaching a maximum of $11. Even the second largest cryptocurrency, Ether (ETH), is far behind. The ETH record was set in August 400 and amounted to $2018. And in 1, the ETH maximum did not exceed $431.
Despite the huge gap between Bitcoin and Ether, the latter has been assigned an unofficial status as the best passive income for home mining.
Today, Ethereum is a decentralized blockchain platform working on the basis of smart contacts, thanks to which it is possible to implement a wide variety of applications: from the creation of new payment systems to identity verification and authorization. Ethereum contains a built-in cryptocurrency — Ether (ETH), which can be used both as a digital currency for exchanging resources and for registering transactions with assets using smart contracts.
The Ethereum blockchain platform was first launched by the Canadian-Russian programmer Vitalyk Buteryn on July 30, 2015. And already by February of the following year, the Ether asset took the second largest place in the crypto industry market.
The main founder of Ethereum is the Russian-Canadian programmer Vitalyk Buterin, who won the World Technology Award (2014) for the idea of the blockchain platform, beating FaceBook founder Mark Zuckerberg.
Buteryn was born in Russia and grew up in Canada. As a teenager, he was actively interested in mathematics and computer science. In 2011, he learned about cryptocurrency from his father. Since then, Vytalyk began to study this topic in detail, and even worked on various projects with the open source code of Bitcoin.
On July 30, 2015, the Ethereum blockchain platform was launched. At that time, the service had restrictions on exchange (only Ether and Bitcoin) and a transaction limit of 5000, which gave additional time to miners and first users to install clients.
Ethereum 2.0. Which is already predicted to become the most promising altcoin (any cryptocurrency alternative to Bitcoin).
Ethereum will switch to Staking (alternative mining without huge and noisy machines). In order to receive cryptocurrency, there is no need to worry about buying a video card and placing it. It is enough to simply install an electronic wallet and put at least 32 ETH on it.
Source Traders Union
