About Ethereum

In their respective markets, both currencies are extremely popular. That means Ethereum to dollar has a lot of trading volume, a lot of demand, and enough price volatility to make a profit. ETH/USD can fluctuate by less than 5% during the trading day, with occasional spikes of more than 10%. The value of Ethereum in US dollars can also follow a well-defined trend with varying degrees of strength. Based on relevant news and announcements that may strengthen or weaken the currencies, the price can move even more than 50% in a 30-day period. Vitaly "Vitalik" Buterin, a Russian-Canadian programmer, introduced Ethereum in 2015. It's an open-source platform for developing and executing distributed applications using blockchain technology (DApps). Users can create or join so-called "smart contracts" without the involvement of a third party, reducing the risk of fraud. Ethereum is often mistaken for the associated cryptocurrency, but it is actually the system or network, with Ether (ETH) as the native currency. When using the system, users must have Ether in order to complete a transaction.