New Beginnings in Blockchain Technology
When you hear a talk about the blockchain technologies, the first thing that comes to your mind is Bitcoin. But Bitcoin and hundreds of other cryptocurrencies are just the tips of the iceberg of the great opportunities that the blockchain provides us. Crypto coins and tokens to the blockchain could be compared to what the e-mail was to the Internet. In the early days e-mail popularized Internet and now it is but a drop in the ocean of its endless possibilities.
Dapp Vision of Ethereum
Simply put, Ethereum is an open source software platform upon which developers can build their decentralized applications. Of cause, all blockchain systems, like Bitcoin, for example, allow the ability to process code, but most of them are very limited and insufficient for larger projects. Ethereum was built to let developers create whatever they want, thousands of dapps.
Billions of billion Weis - Ether Technical Stuff
The platforms cryptocurrency called Ether (ticker symbol ETH) and it resides only below Bitcoin in the list of market capitalization. It is a coin that can be used for paying transaction fees on the system, thus fueling the Ethereum network. There is currently no hard cap of Ether supply though it is expected to end at some point. Ether’s minimal subunit is called Wei, and it is 0.000000000000000001 of one ETH.