Post
Topic
Board Altcoin Discussion
Re: What is that?
by
ELOCIN
on 11/03/2018, 09:01:19 UTC
As being new here in the world of crypto I want to ask something.  We all knows that the great crypto now a days is bitcoin but my question is if bitcoin is the mother of all coins, do you think what is the reason why many people in the world make thier own coins and now there are many altcoin?

Anyone knows who is the creator of ethereum and what is the purpose of ethereum in the crypto world?

Ethereum are created in the crypto world for the ICO can use this for transactions in an exchanges. This ethereum is being used as payment to any altcoins and tokens given by the ICO as a reward. After selling your altcoins and you have already an ethereum, then you can convert it to bitcoin and then from bitcoin to cash. That is how i understand the ethereum process.