Why Ethereum will change the world
The development of coin based platform like Etherium will allow the deployment of new technologies using blockchain and promise us a brand new world in a nearby future.
The crowdfunding with ICO “Initial Coin Offer)” empowers the world of intelectual property giving everyone the chance to be a part of disrupting technologie creation.
Imagine all the bilions of phones connected and the computational power of them all, acting as hole.
If we achieved so much this far with the tools we had, it is easy to anticipate the power of ethereum and the new internet applications to come.
A decentralized web would mean that the vast majority of your data would no longer be moved through a central network, removing power from a few major corporations and overreaching governments or any other centralized powers looking to control it.
This platform already exists, for those who aren’t already aware, is known as Ethereum.
Ethereum is the leading offshoot of its widely known predecessor Bitcoin, but it goes far beyond.
This project is headed by Vitalik Buterin, a 23-year-old, and he truly is one of the geniuses of our time.
Ethereum is the main platform of today’s blockchain world and it is generalized so that anyone can program it for their specific needs.
Information and transactions are still placed in blocks and secured by miners.
Just like with the internet, Ethereum is the toolbox for the development of this new technology — it’s up to developers and innovators to make use of the tools.
– Smart Contracts
-DApps — Decentralized Applications
-2nd Generation Blockchain protocol
Please check our other article What is Blockchain Technology and Bitcoin?
Did you learn about Why Ethereum will change the world? Crowdfunding, Ethereum toolbox, Vitalik Buterin
Leave us a comment