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Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. Ethereum is a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability. Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the Bitcoin blockchain is used to track ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application. In the Ethereum blockchain, instead of mining for bitcoin, miners work to earn Ether, a type of crypto token that fuels the network. Beyond a tradeable cryptocurrency, Ether is also used by application developers to pay for transaction fees and services on the Ethereum network
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Ethereum is a digital currency. It is a blockchain-based platform with many aspects. It features smart contracts, the Ethereum Virtual Machine (EVM) and it uses its currency called ether for peer-to-peer contracts. while Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren’t printed, like dollars or euros – they’re produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems. Therefore I like holding Ethereum becuase It allows you to create digital tokens that can be used to represent virtual shares, assets, proof of membership and more. These smart contracts are compatible with any wallet, as well as exchanges that use a standard coin API. You can copy the code from Ethereum’s website and then use your tokens for many purposes, including the representation of shares, forms of voting and also fundraising. You can either have a fixed amount of tokens in circulation or have a fluctuating amount based on predetermined rules.
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There so many ways of making money.
Ask your parents if they'll pay you for doing more chores
Make sure you're able to do whatever you agree to do.
Run a lemonade stand, or something similar.
Offer something that's appropriate for the weather
Keep your costs down.
Set up on public property.
Advertise your price.
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CPU mining is a common way to mine. However as the mining difficulty rises so does the need for more effective hardware. That’s when other mining hardware like GPU, FGPA and ASIC takes it place.
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profit can be made in CPU mining becuase CPU mining has been marketed for some special products
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RubleBit - is one of the digital currency is based on the technology blokchain and intended to trade in the global Internet. Fast transactions, anonymity, a stable exchange rate against the currencies of the world - that's 3 postulate of this currency.
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Dimecoin is a free, open-source, peer-to-peer electronic cash system. Users hold the crypto keys to their own and transact money directly with each other. In that sense, this coin is very similar to Bitcoin.
It is also serves as the native currency on the Dimecoin blockchain. There's no specified underlying value, therefore the price increase can be solely attributed to the uptake of Dimeoin.
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Ripple and Ethereum have both entered choppy waters, you might be feeling a bit nauseous if you’ve got any money invested in them
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It is Ok to invest in Ethereum because, Ethereum have a lot of potential applications, a great technolgoy and solid team, so it’s possible that prices will rise a lot more from where they are
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people compare Bitcoin to Ethereum, and although the technology is similar, the goal of each is very different. Bitcoin has proved itself a popular cryptocurrency, but Ethereum is close on its heels (the number two cryptocurrency in the world) and has a much different functionality. while Ethereum provides the ability not only to transact through blockchain technology, but also to create and execute contracts and even generate funding for new projects or startups
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Bitcoin is a payment system that is digitalized and free from central or government regulation. And while Ethereum does share these qualities, it’s much more than a payment system
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