Wednesday 25 September 2019

Ethereum

Rise of Tokenized and Decentralized Applications
When hodlers of ETH discuss their gains, it can be a little deceiving. Sure – plenty of people made a lot of money on ETH itself, but that’s not all.
Because it hosts a diverse ecosystem of dApps, many new projects on Ethereum use airdrops to launch.

ETH holders would often log into wallets to discover new, unheard of tokens, some worthless, some not.

Ethereum is built using a dual-layer blockchain. Smart contracts are stored on one, while the EVM runs on top to process transactions. The EVM layer lets
developers create applications directly on the blockchain using any programming language. Of course, sidechains are a much more efficient way of doing this,
as using a non-dependent chain drastically lowers processing times.

Blockchain development is a highly sought-after skill in today’s job marketplace, and Ethereum development in particular will be generating a lot of careers
from young tech professionals. Here are a few of the dApps developed on Ethereum:

Ethlance – This Upwork for crypto connects freelancers with businesses without charging the steep fees that make Upwork a tough sell for experienced professionals.

Aragon – Aragon is a platform that makes building and managing DAOs and dApps much easier.

Golem – The Airbnb of computing power lets you rent out access CPU (and eventually GPU and DRAM) functions to create crowdsourced supercomputers.

Idex – Exchanging Ethereum-based tokens is made easy with this decentralized crypto token exchange.

Like Android, Windows, and other platforms before it, Ethereum’s development community will only continue to grow and evolve over time, providing tools we
 always wanted and/or never knew we needed.

1 comment: