What advantages does Ethereum offer over traditional organizations?

Ethereum is designed to be scalable, programmable, secure, and decentralized. It is the blockchain of choice for developers and enterprises creating technology based upon it to change how many industries operate and how we go about our daily lives.

Who are the main people involved in Ethereum?

The co-founders of Ethereum who have contributed to the development of the blockchain include: Mihai Alise – Alise assisted in setting up a legal framework for the pre-sale of ETH. Anthony Di Iorio – He served as one of the financial sponsors of the Ethereum startup before the team decided to take a non-profit business principle.

How is Ethereum different from other cryptocurrencies?

Unlike many other cryptocurrencies, Ethereum’s cryptocurrency has an unbounded supply, meaning there is no limit to how many ether can enter circulation. According to the project’s official website, the annual inflation rate of ether is about 4.5%. Block rewards have been reduced two times since the first ever Ethereum block was mined.

What is the difference between Bitcoin and Ethereum?

Ethereum is a form of cryptocurrency that is built on the idea of a decentralized application platform with smart contracts. Ethereum differs from bitcoin because transactions are not just limited to currency, and it relies on decentralization to host apps and services.