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Ethereum: The Second-Largest Cryptocurrency
Overview
Ethereum (ETH) is the second most popular cryptocurrency after Bitcoin. Its market capitalization makes it the second-largest cryptocurrency in the world. Launched in 2015, Ethereum has quickly gained traction among investors and enthusiasts.
Key Features
Ethereum stands out from other cryptocurrencies due to its unique features:
- Smart contracts: Ethereum allows users to create and execute self-enforcing contracts that facilitate trustless transactions.
- Decentralization: Ethereum operates on a decentralized network, meaning it is not controlled by any single entity.
- Scalability: Ethereum is actively working on scalability solutions to handle increasing transaction volumes.