Eth has become popular, do you know the reasons?
I think people are too stress with BTC decreasing, then they sell BTC out to buy more ETh.
Cryptocurrencies gained their popularity after the creation of Bitcoin, which undoubtedly is the most successful. Ethereum is a rising star in the world of cryptocurrencies (created in 2015), but it has quite a strongly marked position. Its creator is Vitalik Buterin.
The demand for Ethereum is increasing, which caused that it contributed to the price increase of graphics cards, because "miners" comes every day, and thus, each of them wants to generate as much currency as he can.
People often refer to Ethereum, as to Bitcoin - treating it as a cryptocurrency, which is not 100% accurate. Ethereum is primarily a platform that allows you to carry out transactions and make contracts using the currency called 'ether'. To understand what distinguishes Ethereum from Bitcoin, you need to better understand the concept of cryptocurrency, as well as the concept of blockchain.
Kruptowalowa is a form of digital currency created by encryption. It has no physical form, no coin or banknote and is not issued by the central bank or government body. Units of cryptocurrencies exist as data on the Internet and are created and managed by the so-called blockchain.
Blockchain is so-called a digital book that any number of computers can access. In the case of transactions, they are recorded in blocks, and in order for these blocks to go into the book, they must be checked by a number of computers in the block network. The most important is that the book exists in the same form for everyone on the web. Everyone can see the entire history of each transaction that took place, and any changes would be visible to everyone.