Buy Ethereum (ETH) – From cryptocurrency to blockchain, you’ve almost certainly heard of the world of digital currencies. In the past, people opted for real estate as an investment and invested in real estate stocks, but today it’s Ethereum, Bitcoin, Ripple & Co. Thanks to the latest blockchain technology, today’s digital currencies are considered safe and efficient. You too want to invest in Ethereum or even get into currency trading? Then learn everything about the biggest competitor of the well-known Bitcoin here: Welcome to the world of Ethereum!
Ethereum (ETH): Facts, Figures & Price
Just like other cryptocurrencies, Ethereum is based on state-of-the-art blockchain technology. Ethereum itself is not a pure cryptocurrency, but can be used for blockchain projects of all kinds. As a decentralized ecosystem, Ethereum is therefore often used as an open protocol for decentralized applications such as smart contracts.
Ethereum’s own cryptocurrency is called Ether – ETH for short. Similar to other digital currencies, you can pay for or trade goods and services with Ether. Ether is also very popular as an investment. The blockchain makes all transactions forgery-proof.
BitCoin, cryptocurrency & blockchain? What does it mean? Learn more about BitCoin, Cryptocurrency & Block Chain here!
Here are all the facts and figures about Ethereum:
- Cryptocurrency: Ethereum (ETH)
- Inventors: Vitalik Buterin, Gavin Wood
- Developer: Ethereum Foundation
- Publication: July 30, 2015
- Consensus Algorithms: Proof of Work, soon Proof of Stake
- Blockchain size: 300 GB
Intraday (current daily price during the course)
Here is the current Ethereum price over the course of the day.
Month: 30 days review of NBB
Here you can see the Ethereum rate for the last 30 days.
Year in progress: 12 months
Here you can see the Ethereum price for the last 12 months.
Here you can see the Ethereum rate for the entire term.
Crypto Alternatives: Bitcoin, Ripple and Litecoin
There are now over 4,500 cryptocurrencies. While that sounds like a large amount, only just under 100 of them reach a daily trading turnover of $1,000 or more. Other popular crypto alternatives to Ethereum include Bitcoin, Ripple and Litecoin! You can find out more about each cryptocurrency here.
Bitcoin (BTC): pioneer of cryptocurrencies
Bitcoin, or BTC for short, is now not only the best-known cryptocurrency in the world, but is also considered the first cryptocurrency ever. The first digital currency was invented by Satoshi Nakamoto. Who is behind it is still a mystery today. One thing is clear, however: Bitcoin has revolutionized the financial world forever.
Ripple (RXP): Open-source protocol for international payment transactions
With the XRP Coin, Ripple is also considered a digital currency, but compared to other cryptocurrencies, it is not based on the blockchain. Ripple sees itself more as an open-source protocol for a payment network. The goal: to make international payments cheaper, faster and more efficient.
Litecoin (LTC): Fast hashing thanks to Skrypt
As a digital currency, you can use Litecoin to pay for services and goods. The cryptocurrency is also very popular as an investment and in currency trading. The special feature of Litecoin: The hash algorithm Scrypt allows an increased transaction speed – while the integrity of the blockchain is still guaranteed!
BitCoin, BitCoin Cash, Ethereum, Litecoin, Dash, Ripple, Zcash or Binarcy Coin: they are considered the answer to traditional means of payment. The digitization and decentralization of money makes banks superfluous. Only buyers and sellers are responsible for the control and security of their digital money. You too want to invest in Bitcoin & Co? We have an overview of the most popular cryptocurrencies here.