$ETHBTC Looking much stronger than $BTC for now

Jul 9, 2020

ETHBTC Looking much stronger than BTC for now

ETHEREUM Scoring
Overall Score: 79.9%
Open communication channels: 100%
Team strength: 63%
Product strength: 78%
Coin strength: 78%
Brand awareness/Buzz: 100%
Advisory board strength: 0%
Activity on social media: 75%

Quick Research
Purpose: Ethereum offers a decentralized platform to build dApps, run smart contracts and generally act as a supercomputer. Its platform aims to be censorship-resistant and open for all

Product Status: Fully working product
Consensus Method: Ethereum consensus (currently proof of work, will be proof of stake later on)
Emission rate: Emitted in proportion to amount of network activity
TXN'p/s: 15

Abstract:
The intent of Ethereum is to create an alternative protocol for building decentralized applications, providing a different set of tradeoffs that we believe will be very useful for a large class of decentralized applications, with particular emphasis on situations where rapid development time, security for small and rarely used applications, and the ability of different applications to very efficiently interact, are important. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of the platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state.

Investment data
Listed on 0 exchanges
CoinMarketCap Rank: 2
Market Cap: $21 B
24H Volume: $11 B
Coin Age: 51 months

Jul 23, 2020

Trade closed: target reached