#FavoriteToken $ETH
Ethereum is often referred to as the second most popular cryptocurrency after Bitcoin, but unlike most virtual currencies, including Bitcoin, it aims to be more than just a means of exchanging and storing value. Instead, it calls itself a network. Decentralized computing based on blockchain technology.
How does Ethereum work?
Writers David Ruddick and Benjamin Corey say in a report published by the American Forbes magazine that, just like all cryptocurrencies, Ethereum relies in its work on blockchain networks, which are decentralized blockchains and distributed public ledgers in which the authenticity of transactions is verified. All transfers are recorded.