Ethereum eth

Ethereum has evolved into the second-largest cryptocurrency by market value, only behind Bitcoin(BTC). Ethereum operates as a giant computer that no central entity has complete control over. It differentiates itself from Bitcoin by enabling the development of applications commonly referenced as Decentralized Applications or Dapps. Ethereum has seen adoption in applications that support financial services in a decentralized(decision-making is distributed) manner, referred to as Decentralized Finance or DeFi

Ethereum has eight co-founders, of which Vitalik Buterin only remains actively working on the project. Vitalik is a Russian programmer and early supporter of Bitcoin who started Ethereum while he was just 21 years old! Charles Hoskin and Gavin Wood have left to form rival blockchains, Cardano(ADA) and Polkadot(DOT). Mihai Alisie and Joeseph Lubin are working on projects that help build applications on Ethereum, namely ConsenSys, company behind the popular Crypto Wallet MetaMask. Anthony Di Iorio, Amir Chetrit, and Jeffrey Wilcke have left the industry

The main reasons to invest in Ethereum are: 1. Ethereum is the most widely used infrastructure layer 2. The native token (ETH) has an intrinsic demand to be used as fees on the platform 3. It has the largest developer network among blockchain projects 4. ETH has a fixed issuance schedule which suppresses the supply even though tokens get burnt