ETHEREUM- A Decentralized Platform
Thanks to the power of modern communication that we have the ability to create technologies that are decentralized. We're moving middleman an allowing users sensor actually show directly through global networks .Decentralization application have been becoming more and more important than the past 10 years and how the benefits of massively reducing costs and barriers to entry removing single points of failure ,preventing censorship and ensuring transparency and trust between parties involved an interaction.
Bit Torrent is a file sharing application developed in the early 2000 is arguably the first decentralized applications have been created. Bit Torrent allows anyone to share any kind of file with anyone else in the world allowing people to distribute content quickly and easily even if he's not have the resources to pay for the role website server .Five years later Sheena Komodo to mob with the idea of Blockchain as assertive distributed database .Bitcoin is the world's first decentralized currency. Decentralized currencies like Bitcoin allow people to send money to anyone instantly anywhere around the world with no regard for national borders with negligible fees. Bitcoin is increasingly beings used they're for international remittances, Micro payments in commerce online, finance, cloud impugning, messaging.
Ethereum is a platform specifically designed for people to build these kinds of decentralized applications or japs for sure. The Ethereum clients which we are calling the Ether browser will include a built-in peered at your network for sending messages and in generalized blockchain with the builds in programming language allowing people to use the blockchain for any kind of decentralized as application that they wants to create. Ethereum can be used to build financial obligations that are fully trustworthy entrance parents because they run on the blockchain. Online Cryptographically secured system is for managing a property in contracts, social networking and messaging systems the allows users to maintain control of their own data, systems for trading underutilized computational resources like CPU time and hard drive space .It also provides eventually tools for online voting and distributed governments and most exciting applications of Ethereum are probably the ones that we have not even thought off. As a whole new platforms for innovation like the protocols of the white man itself does not always easy to predict what they're going to be used for .Gmail Facebook, Twitter and other platforms are all results of the early developments in the World Wide Web and java scripts the program.
Upvoted on behalf of @thehumanbot and it's allies. Write less but write great original content, which is the key to success in Steemit. If you are using any image or video, cite proper source. Even if its your own image or video, it's worth mention the same. Also be careful to avoid duplicate posting.
Great Original Works are rewarded by top Curators, refer posts from my Step-Brother @humanbot for more details.If you like this initiative, you can follow me in SteemAuto and upvote the posts, that I upvote.
And remember to do some charity when you are rich by contributing to me. Check out my Introduction Post for more details. If you have any concerns or feedback with my way of operation, raise it with @sanmi , my operator who is freaking in Steemit chat most of the time.
thank you