Ethereum Reviews and Mining
It is the first cryptocurrency that was not designed as a cryptocurrency. Upon the success of Bitcoin, Ethereum designers, who realized some of its shortcomings in 2015, introduced Ethereum by adding some innovations. Ethereum is currently the second-largest cryptocurrency in the world.
Ethereum was not designed as a cryptocurrency. Its primary purpose is to close security gaps on the blockchain, to enable the promotion of new projects, and establish a global decentralized system.
Ethereum has been so successful that many new coins have been introduced using its network. Currently, new ones continue to be introduced every day.
It is considered the beginning of decentralized systems. It was introduced by the Ethereum Foundation, especially to close the shortcomings in financial systems. Although they state that they do not seek any profit, it is possible to encounter small fees.
They did not distinguish Ethereum from Bitcoin only in terms of design. At the same time, it would not be wrong to say that there are very serious differences in crypto mining.
You don't need to have high processor devices to mine Ethereum. In simple terms, Ethereum mining can be done using graphics cards. This paved the way for both energy saving and faster mining on a global scale.
Ethereum and Your Imagination
Since its primary purpose is to provide confidentiality in the clearing process, it has concentrated its work in this area. In the following period, Ethereum came to the fore in many topics such as money transfer, game software, decentralized new coin projects, logistics and transportation studies, and even computer databases.
If Bitcoin has already created the beginning of this coin world, it would not be wrong to call Ethereum a Renaissance.
However, his team, which admits that it has some shortcomings, has rolled up its sleeves for Ethereum 2. It is aimed to quickly eliminate the deficiencies that occur in this network. At the same time, security is extremely important for Ethereum, as with Bitcoin. This secure system is guaranteed by so many computers that with current technology it should be noted that we are not even close to avoiding such a trust issue.