Ethereum (ETH) price, charts, market capitalization, history. Check Ethereum live and history price in charts and tables, do analysis with special ETH tools below. Ethereum is the second most popular cryptocurrency in the world that was launched in 2013. Also based on a distributed ledger known as blockchain, the Ethereum offers a programmable blockchain so that others can benefit from the technology. Its currency is called Ether and it can be mined. The Ethereum also offers global peer-to-peer payments with small transaction fees. Ethereum is an amazing currency system that deploys the most useful blockchain at the moment. Other companies can launch their limited coins on the market just like an initial public offering at a stock exchange. The earnings of the project are automatically distributed among the investor community. This is the beauty of the smart apps and that is why the automated contract fulfillment is the future. The currency Ether can also be used as a cryptocurrency and it has the same stellar qualities as bitcoin.
Ethereum price chart
Ethereum has perhaps the most bright future in all cryptocurrencies, perhaps even more than bitcoin. The reason is that its ability to provide companies, organizations and even banks what they need in the form of blockchain. Bitcoin is the dollar of the cryptocurrency world, universally accepted and all but Ethereum could become the gold of cryptocurrencies with an inherent value that everybody needs.
Who Invented Ethereum? Ethereum was created in 2013 by Vitalik Buterin and launched in 2014. Other co-founders include Joseph Lubin and Gavin Wood. The system was designed not only as a cryptocurrency but as a way to provide blockchain’s immense potential to other people and organizations. The founders studies how decentralized autonomous apps could be deployed on a blockchain and came up with their system. The Ethereum’s mining process was also proof of work based. (POW). The main investors in Ethereum are of course the traders, miners and the people investing in decentralized autonomous applications. Ethereum blockchain allows other apps to be programmed and launched on the blockchain and thus even other coins can be launched based on the Ethereum blockchain. All the earnings of these dapps and other coins being released on it are dispersed in the form of Ether (ETH). So, the investing community of Ethereum is much more diverse than bitcoin, though less in number perhaps. Mining. Ethereum can be mined but the mining process is very different from bitcoin itself. There are over 92 million Ethereum in circulation and there is no hard cap on the maximum number of coins. So, it might never be able to achieve the price of bitcoin since we know how long it will last. The number of Ether being released each year is however fixed.
|20 Oct 2017||308.046||311.438||303.494||304.006||396,673,000||28,947,916,800|
|19 Oct 2017||314.538||316.684||305.828||308.088||349,830,000||29,330,304,837|
|18 Oct 2017||316.944||317.236||290.636||314.319||606,114,000||29,917,084,625|
|17 Oct 2017||333.484||333.484||311.787||317.082||509,924,000||30,173,609,812|
|16 Oct 2017||336.711||349.345||332.042||333.384||692,885,000||31,718,200,756|
|15 Oct 2017||339.529||342.717||320.427||336.595||635,407,000||32,018,244,067|
|14 Oct 2017||338.852||347.975||334.698||339.628||516,562,000||32,301,459,659|
|13 Oct 2017||304.079||348.596||299.671||338.757||1,304,360,000||32,213,441,854|
|12 Oct 2017||303.498||309.151||303.29||304.312||525,924,000||28,933,182,632|
|11 Oct 2017||301.181||304.39||299.096||303.616||264,587,000||28,862,344,770|