What is ethereum

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Epixel MLM Blogs

E-pixel MLM slides

7/24/17


• Ethereum - is the latest addition to Cryptocurrency world and the technology is a vast one that gives the developers great choices. • Apart from the previous versions of various cryptocurrencies, this particular model is quite a different Blockchain protocol. • However not everyone is having best idea on how it works and what is Ethereum? We’re going to write down a brief description to resolve your questions and clear the air between you & the technology.

E-pixel MLM slides

7/24/17

WHAT IS ETHEREUM ?

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7/24/17 E-pixel MLM slides

“Ethereum in Southern China has been on a rampage of growth. Banks, corporate and even casual investors have all heard about Ethereum's white-hot growth and mounting challenge to Bitcoin dominance. Ethereum startups worldwide from Status.im and Ox to Golem and Maker Dao have made HK's environment of highlevel industry professionals a can't-miss stop on their Asia business development and capital raising tours.” - Jehan Chu VC Investor, Jen Advisors

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Ethereum is the new technology or say a different Blockchain protocol that helps developers to develop new application within the virtual platform. Most of the cryptocurrencies working in accordance with Blockchain technology and is more a proof of existence. However, Ethereum is more a “proof of statement” as it involves a technical virtual contract known as “smart contracts”.

E-pixel MLM slides

7/24/17

ETHEREUM – FOR VIRTUAL FOUNDATION LAYER FOR APPLICATION DEVELOPMENT

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7/24/17 E-pixel MLM slides

• Smart contracts are made between the client and a miner as a project for making “Ether” – an element much like Bitcoin. • Mining does involve executing digital codes to achieve a certain goal, a deal made by the client.Smart contracts are not a legal document so one can tag it under virtual documents, and well there are real fellows behind this “ether”. • It’s decentralized technology and not a dedicated team who acts as the body to control over, for these contracts ether is a must part hence mining is to be carried out! • So how it acts as a virtual basement? Technically speaking the Ethereum Blockchain will be there as a basement and the developer’s just need to develop application over it as a new layer and that’s it, pretty much simple and a wild card entry for every developer.

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7/24/17 E-pixel MLM slides

• So that’s the story about Ethereum and well in MLM Software, Ethereum is integrated with complete support and as a team with third party mining support clients can demand transaction modules with us.

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Thanks for reading..!

7/24/17 E-pixel MLM slides

Smart and upto Date...!

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