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Today, July 9, 2022, the zoom on the top 100 cryptocurrencies by Ethereum.
Ethereum is a platform for creating decentralized applications on blockchain and smart contract technology. A smart contract automatically enforces the terms of the agreement based on a given algorithm. The cryptocurrency is listed under the symbol ETH and is used to pay various fees and costs on the Ethereum network.
Ethereum is the pioneer of blockchain-based smart contracts. When running on the blockchain, a smart contract becomes like a self-operating computer program that runs automatically when specific conditions are met. On the blockchain, smart contracts allow code to run exactly as programmed without the possibility of downtime, censorship, fraud, or third-party interference. It can facilitate the exchange of money, content, goods, shares or anything of value. The Ethereum network went live on July 30, 2015 with 72 million Ethereum pre-mined.
Acronym : ETH
Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications.
Ethereum trades on July 9, 2022 at $1214,68
Market cap : $147,453,391,688
Circulating Supply : 121,470,630.12 ETH
I am not a financial advisor, psychologist or licensed professional. As such it is not financial advice and I am not qualified or authorized to provide any such advice.
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