Crypto Education - Ethereum Explained | Animation | Cryptomatics

In this video, we will explain what Ethereum is and what it does. We will also briefly take a look at its advantages and disadvantages.

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Ethereum is a blockchain platform that has its own cryptocurrency called Ether (ETH). It was launched in July 2015 and created to be more than just a decentralized public ledger for verifying and recording transactions.

Ethereum describes itself as "the world's programmable blockchain," so it was designed to allow developers to build and publish smart contracts and decentralized applications (dApps) that can be used without the risks of fraud, downtime, or interference from third parties.

It has become the most popular blockchain for DeFi, NFT projects, and games, with over 50% of dApps being built on it.

Ether can be used as a digital currency in financial transactions, as an investment or a store of value, and as a token that powers various apps. It is the second-largest cryptocurrency by market cap, after Bitcoin.

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- CHAPTERS –

0:00 Intro
0:26 What Is Ethereum?
1:18 What Does Ethereum Do?
2:26 Advantages of Ethereum
2:56 Disadvantages of Ethereum
4:08 Conclusions
4:35 Outro

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#Ethereum #Animation #Cryptomatics #Blockchain #Crypto #CryptoEducation

[Cryptokittty]

Thanks for providing such a balanced view of the market.