Post
Topic
Board Altcoin Discussion
Re: Major benefit of Ethereum?
by
Qamzeez201
on 12/07/2018, 14:27:36 UTC
Here are some things that apply to the benefits of Ethereum and why some people see it as a better option.
*. Ethereum has a high“immune” system where a third party can’t make changes to any data.
*. It has proven itself that is corruption free because of the impossibility to make any censorship.
*. Apps connected to Ethereum rarely, almost never go down and cannot be shut down.
*. You can use ethereum for fundraising with the use of smart contracts for various projects.
*. Ethereum has no limit in Megabytes*.It is easier to mine Ether tokens, it takes about 14 seconds compared to bitcoin where it takes longer than 4 hours
*. The algorithm that is used to mine Ether tokens is called“ proof of work” and successfully avoids hacker attacks.