Ether (ETH) is the token name which is used by Eethereum blockchain and network system for verifying transactions .
ERC-20 is the standard in this for creating smart contracts .
At the center, Ethereum is a decentralized global software platform which is powered by blockchain technology.
Ethereum is scalable , secure and programmable.
It has a decentralized structure.
Many developers and enterprises are working on it.
Ethereum platform was launched in 2015 by Buterin and Joe Lubin,
Eth as a cryptocurrency is rose by manifolds and became the second largest company of the world.
If you also wants to make your own crypto websites than please click on the link .
Blockchain is validated by a series if automated programs.
No one can make any changes until it reaches to the final transaction.
Which makes This technology a secure one .
Eth uses the proof of work protocol, where in many participants run the software.
It proves that a encrypted number is valid and they earn a commission for that work.
This term is called as mining. After previous block new block is open ,
The information from the previous block is is carry forward to the new block along with new data in the form of Hash code.
And the mining process starts again.
If you also wants to make your own crypto websites than please click on the link .