ETHEREUM

Ethereum

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The Ethereum blockchain platform is decentral-
ized to run smart contracts; these applications run as programmed with no possibility of
censorship, downtime, third party interference
or fraud. Ethereum is unique in its way, in that
the blockchain technology is structured as an
advanced a peer-to-peer transaction network.

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The Ethereum Coin, Ether, is superior to the
market leader Bitcoin in the following ways;
• Block time of an average of 13 seconds in comparison to the Bitcoin 10
minutes.
• Ethereum uses the Ethash algorithm for
proof of work.
• Ethereum transaction costs are
dependent on the number of factors
such as bandwidth use, storage needs

(gas) and computational complexity as Bitcoin
transaction fees are determined by bytes used in
mining.
• Ether transaction fees are lower than
Bitcoin’s; $0.33 versus $23 as at
December 2017.
• Mining ether generates a consistent
number of coins, which is in contrast
to Bitcoin where the number of coins is
decreased by a rate of half every four
years.
Ether is trading at $543 as at April 19, 2018. The
price is expected to surge to over $1000 as at
the end of year 2018 At a figure o f $ 105 billion,
Ethereum is the second largest crypto assets by
market capitalization as at January 27th, 2018.
Most importantly, Ethereum is managed by
an experienced team of developers whose
expertise transcend a global understanding of the
blockchain markets.

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