Little Review On Blockchain And Bitcoins & Ethereum
Little Review On Blockchain And Bitcoins & Ethereum

What is Blockchain

blockchain is palce where you can buying/selling your bitcoin in a good rate
Blockchain is the world's leading software platform for digital assets. Offering the largest production block chain platform in the world, we are using new technology to build a radically better financial system.

“Blockchain is the early leader...They are actually making the entire ecosystem.”


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What is Bitcoins

Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

It’s the first example of a growing category of money known as cryptocurrency.

Who created it?

A software developer called Satoshi Nakamoto proposed bitcoin, which was an electronic payment system based on mathematical proof. The idea was to produce a currency independent of any central authority, transferable electronically, more or less instantly, with very low transaction fees.

What is Bitcoin based on?

  • Conventional currency has been based on gold or silver. Theoretically, you knew that if you handed over a dollar at the bank, you could get some gold back (although this didn’t actually work in practice). But bitcoin isn’t based on gold; it’s based on mathematics.
  • Around the world, people are using software programs that follow a mathematical formula to produce bitcoins. The mathematical formula is freely available, so that anyone can check it.
  • The software is also open source, meaning that anyone can look at it to make sure that it does what it is supposed to.

WHY SHOULD I USE IT?

  • Bitcoin was named the top performing currency four of the last five years, 
  • As a global currency you can send bitcoin to anyone, anywhere in the world without worrying about cross border remittance fees, 
  • Keeping your bitcoin safe in a non-custodial wallet (like Blockchain’s) means there is no entity that can lock you out of your funds,
  • It’s globally inclusive -- bitcoin is enabling millions across the globe to transact, save, and hedge their way to a better financial future

What is Ethereum?

  • Ethereum is a distributed public block chain network that focuses on running programming code of any decentralized application. More simply, it is a platform for sharing information across the globe that cannot be manipulated or changed.
  • Ether is a decentralized digital currency, also known as ETH. In addition to being a tradeable cryptocurrency, ether powers the Ethereum network by paying for transaction fees and computational services. Ether is paving the way for a more intelligent financial platform.

HOW MUCH IS IT WORTH?

Like all assets, the market value for a single ether is determined by supply and demand. The current price is $423.86

WHY SHOULD I USE IT?

As the Ethereum platform grows, it will change the way we do business and transact on a daily basis. We want to give you the opportunity to start using ether now, so you'll be ready for what the future brings.

HOW DO TRANSACTION FEES WORK?

When you send ether or do anything else on the Ethereum block chain, you must pay miners for the computation of that transaction. In your Blockchain wallet, we’ll set this as a fixed fee for you.

HOW IS IT DIFFERENT FROM BITCOIN?

Ethereum expands on Bitcoin by harnessing block chain capability for computer code. Ethereum has a wide range of potential applications such as voting, global supply chains, medical records, and the financial system.

HOW CAN I BUY BITCOINS

CREATE A BLOCKCHAIN WALLET

All you need is a verifiable email address to get started. CREATE YOUR FREE WALLET NOW 

SET UP AN EXCHANGE ACCOUNT

Once you've created your wallet, navigate to the 'Buy Bitcoin' tab to set up an account with one of our integrated exchange partners.If the buy option is not available in your wallet when you log in, stay tuned. We're working with exchange partners all over the world and we'll be in your area soon!*

START BUYING BITCOIN

Once you have set up an account with our exchange partner, you can begin buying bitcoin.
how to get ether

NAVIGATE TO YOUR EXCHANGE TAB

Our partnership with ShapeShift allows you to convert your bitcoin into ether (and vice versa!)

EXCHANGE BITCOIN FOR ETHER

Enter the amount of bitcoin you want to exchange and confirm your order. Once the exchange is complete, your ether will be deposited directly into your wallet.

For any question or complain drop your message at Post Comment box and we will reply within short period of time.

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Anifowose Abiola

Howdy, I’m Anifowose the owner of www.sherotech.com. I’m a web developer living in Lagos, Nigeria. I am a fan of technology, web development, and design. You can visit my website with a click on the button above.

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