Ethereum (ETH): What it is, how it works, how to buy, how to sell and how to set up a profitable portfolio

By MAX EDITORIAL

Ethereum is a decentralized blockchain platform that enables the development of smart contracts, decentralized applications ( dApps ) , and other cryptographic tokens . It is the second largest cryptocurrency in the world, behind only Bitcoin.

In this ebook, you will learn everything you need to know about Ethereum , including:
What is Ethereum
How Ethereum works
How to buy Ethereum
How to sell Ethereum
How to build a profitable Ethereum wallet
What is Ethereum ?

Learn Much More...

• Language: English
• Publisher: Max Editorial
• Release date: Feb 29, 2024
• ISBN: 9781779717108

Book preview

Chapter 1: Introduction

Ethereum is a decentralized blockchain platform that enables the development of smart contracts, decentralized applications ( dApps ) , and other cryptographic tokens . It is the second largest cryptocurrency in the world, behind only Bitcoin.

In this ebook, you will learn everything you need to know about Ethereum , including:

What is Ethereum

How Ethereum works

How to buy Ethereum

How to sell Ethereum

How to build a profitable Ethereum wallet

What is Ethereum ?

Ethereum is a blockchain platform that enables the development of smart contracts and decentralized applications . Smart contracts are computer programs that automatically execute when certain conditions are met. Decentralized applications are applications that are not controlled by any central entity.

Ethereum is built on a Proof-of-Work ( PoW ) consensus- based blockchain . This means that network nodes compete with each other to solve complex mathematical problems to earn the right to validate transactions and generate new blocks.

How does Ethereum work ?

Ethereum works using a Proof-of-Work ( PoW ) consensus- based blockchain . Network nodes compete with each other to solve complex mathematical problems to earn the right to validate transactions and generate new blocks.

When a node solves a problem, it is rewarded with Ether , Ethereum 's native cryptocurrency . Ether is used to pay transaction fees and to execute smart contracts .

Smart contracts are computer programs that automatically execute when certain conditions are met. They are used for a variety of purposes, including:

Digital asset management

Creating decentralized markets

Implementation of financial applications

Decentralized applications are applications that are not controlled by any central entity. They are built using smart contracts and run on the Ethereum network .

Decentralized applications have the potential to revolutionize the way we interact with technology. They can be used to create new types of services and applications that are more secure, efficient and democratic.

How to buy Ethereum

There are several ways to buy Ethereum . The easiest way is to use a cryptocurrency exchange. Cryptocurrency brokers allow you to buy and sell cryptocurrencies using fiat currency, such as the US dollar or Brazilian real.

To buy Ethereum on a cryptocurrency exchange, you will need to create an account and deposit funds. After depositing funds, you can purchase Ethereum using the Buy button.

Another way to buy Ethereum is using a cryptocurrency exchange. Cryptocurrency exchanges allow you to exchange cryptocurrencies with each other.

To buy Ethereum on a cryptocurrency exchange, you will need to create an