Ethereum is a blockchain, instead of mining for bitcoin, miners work to earn thru proof of work later changed to proof of stake. There are currently 101,333,514 ETH of a 120,000,000 total ethereum
Alt coin Review Date: 8/14/2018
Coin Price at time of Review
Eth being a clear improvement from bitcoin is what got me interested in Ethereum. Seeing not only that it was faster than bitcoin but was able to create dapps really sparked my interest in Ethereum. Overtime ethereum's speed hasn't increased and it's been shifting visions rather quickly. As mentioned, it went from Proof of Work to Stake recently, and despite being such a large market cap Ethereum has a less concrete vision. I believe though that, that is on purpose as we're so early on they want to develop and grow in different aspects but not fully guarantee a route in case of necessary changes. This does create some long term volatility but I can't argue with the amount of Dapps and possibilities that entails. I personally own Ethereum and can recommend people take a small financial flyer on ethereum as they learn more about other coins.
About the author:
Stephen Reynolds has over 20 years of online stock/option trading and been trading in cryptocurrency since 2013. He is a licensed broker, who has his 7, 11, and 63 licenses. He is the founder and CEO of Gitsumm Inc (2011).