the difference of Ethereum and other coins in market

TechvttTechvtt Posts: 33Member
what the difference between Ethereum and other coins?

Comments

  • sassymilksassymilk Posts: 31Member
    Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. thats what makes ethereum one of the safest cyptocurrency atm.
  • lointoitlointoit Posts: 50Member
    Differences.. usually is compared with BC i guess. these two ecosystems have nothing alike. Ethereum focuses primarily on the blockchain development’s technical side which includes native tokens, decentralized applications and smart contracts. But all of these characteristics will be available in bitcoin maybe in the long run, but it’s good to be competitive in the cryptocurrency ecosystem.
  • scottyacescottyace Posts: 31Member
    Ethereum has its own Turing complete internal code... a Turing-complete code means that given enough computing power and enough time. on top of that, Ethereum discourages centralised pool mining through its Ghost protocol rewarding stale blocks. There is no advantage to being in a pool in terms of block propagation.
  • player11player11 Posts: 31Member
    Ethereum was crowd funded whilst Bitcoin was released and early miners own most of the coins that will ever be mined. With Ethereum 50% of the coins will be owned by miners in year five.
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