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Why invest in Ethereum? | NewsBTC

25 Apr Why invest in Ethereum? | NewsBTC

Posted at 09:06h in Ethereum News by

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Ever since the Ethereum platform launched in July 2015, its currency – also called Ethereum, or Ether – has been hugely popular among investors, because of its impressive transaction speed and widespread adoption.

It did not take long for the cryptocurrency of blockchain-based decentralized development platform, co-founded by Russian-Canadian Vitalik Buterin to be established as the second-biggest in terms of market capitalization. Ethereum sits behind only Bitcoin, the founding crypto that was launched in 2009.

Mr. Buterin was introduced to Bitcoin at the age of 17, in 2011, by his father. He became fascinated by the concept, and co-founded and wrote for Bitcoin Magazine.

In 2013 the teenager traveled to Israel and worked with global investing and trading platform eToro to develop Coloured Coins, an open-source banking infrastructure for the future of digital money. It was during this trip that the youngster realized that programming language could deliver extraordinary…

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