Ethereum Cryptocurrency: Five Interesting Facts

Ethereum (ethereum, ether) is both a cryptocurrency and a functional decentralized environment that has truly revolutionized the entire IT sphere.

Vitalik Buterin , one of the creators of the Ethereum, stands out, when launching this platform pursued the standard goals for cryptocurrency authors — improving Bitcoin. However, the broadcast can hardly be called Bitcoin 2.0. These two cryptocurrencies are similar, but there are a lot of conceptual differences between them.

We prepared several facts about about Ethereum:

1. There is no limit to the number of coins available in Ethereum

Most cryptocurrencies, including Bitcoin, have a limit on the number of coins in circulation. Ethereum is free from these restrictions, however, no more than 18 million coins can be obtained annually.

2. Using the programming language Solidity

This programming language was invented in 2014, and subsequently modified exclusively for ETH. It is designed to develop self-fulfilling contracts. It can also be used for DApps and creating altcoins.