About Ethereum

Ethereum is often considered a competitor to Bitcoin; however, this is not strictly the case.

Ethereum technology offers a unique opportunity. Ethereum allows you to record any transaction, with any asset, based on the distribution of a database of contracts on a type of blockchain, bypassing traditional legal procedures. This is the technology of the future known as Ethereum's "Smart Contracts."

Users of the system utilize the computing power of their computers to maintain the system (mining).

The price movement of Ethereum is based on trust in the currency, aggregated solely by the balance between supply and demand on exchanges.

The system does not possess a central authority that controls issuance or can influence exchange rates and accept or compel others to accept payment in this cryptocurrency. Therefore, its real value depends on the proportion of the issuance volume and the number of goods and services that can be purchased with it.