Post
Topic
Board Altcoin Discussion
Re: Why are most new tokens Ethereum ICOs?
by
Octc76
on 31/08/2018, 07:08:00 UTC
Hey guys! I was just curious to know why most of the tokens I've been seeing have been on Ethereum. What are the benefits?
Yes, they use the Ethereum blockchain because Ethereum is designed to store various types of data. This data can be accessed and used by computer programs running on the Ethereum blockchain. These programs are called decentralized applications, or dapps.

Developers around the world can build and run decentralized applications on the Ethereum blockchain. The aim is to improve the financial industry, store personal information, governance with various other uses by using the transparent nature of blockchain.