$ETH Short-term decline, long-term bullish

Ethereum is designed to be very flexible and adaptable

Ethereum aims to combine the strengths of blockchain technology in order to add the advantages of blockchain, such as decentralization, openness and security, to almost all computing fields.

2. Ethereum's blockchain applications

Ethereum has many blockchain applications, such as digital applications for gold and stocks, financial derivatives applications, DNS and digital certification, etc.

Ethereum has been implemented by many startups and has reached more than 100 blockchain applications.

Ethereum is also closely watched by some financial institutions, banking consortiums (such as R3), and large companies such as Samsung, Deloitte, RWE and IBM, which has also spawned a number of blockchain applications such as simplified and automated financial transactions, merchant loyalty index tracking, and gift cards designed to achieve decentralization of electronic transactions.

3. Ethereum-Programmable Blockchain

Ethereum does not give users a series of pre-set operations (such as Bitcoin transactions), but allows users to create complex operations according to their own wishes.

This makes Ethereum a platform for many types of decentralized blockchain applications, including but not limited to cryptocurrencies.

Like other blockchains, Ethereum has a peer-to-peer network protocol.

The Ethereum blockchain database is maintained and updated by many nodes connected to the network. Each network node runs an Ethereum simulator and executes the same instructions. For this reason, people sometimes figuratively call Ethereum the "world computer."