Cardano and Ethereum explained.Cardano (ADA) | By EB Kevin | Capital | June 2021
Ethereum is an open source, BlockchainBased on the computing platform, it allows developers to build and use decentralized applications. It is decentralized, which means it is not managed by a centralized organization. According to CoinDesk, Ethereum aims to change the way applications work on the Internet today, granting users more control by replacing intermediaries with smart contracts that automatically implement rules. The functions of Ethereum include Ethereum, smart contracts, Ethereum virtual machine, decentralized applications (Dapps) and decentralized autonomous organizations (DAOs). Ether is the digital token of the Ethereum blockchain.At the time of writing, the trading price of Ethereum is US$1,789, with a market value of more than US$208 billion. It is the second largest cryptocurrency in the world.Ethereum is currently proof of work, but according to its founder Vitalik Buterin, it will become Proof of Stake (PoS) This year, this may cause its prices to soar.