A brief introduction of Bitstore ethereum and how it works
Vatalik Buterin is a young Russian inventor of Bitstore ethereum. His father introduced him to the digital
currency world back in 2012. He was a young 17-years-old boy at that time. He became immensely
interested and began to write about cryptocurrencies and offered his reviews.
When people did not take his reviews seriously, he planned to create a better currency for them. His
plans worked and he launched ethereum in 2015. This is a brief introduction of the bitstore ethereum –
the digital currency that Vatalik Buterin launched.
Since its introduction, the value of ethereum has never fallen back. Today, it enjoys a market cap worth
of $44.7 billion. Now you must ask what makes ethereum price increase rapidly.
It is because the technology used has an immense potential to change the financial market.
What exactly is ethereum technology?
Suppose there is a man who likes to work in Google docs. This way he can share it online with his
friends. One day he hears that Google docs are banned in his country. Or hackers have destroyed all his
Disappointed with this incident, the man decides to use MS word next time and keep his documents
save on his personal laptop. But somebody breaks his laptop and he loses all his documents again.
The man is sad now. He starts to use a pen and a notepad to create the hard copies of his files. Do you
know what this man’s issue is? He wants speed and comfort of the latest technology but he also wants
safety and control. The same is the case with ethereum!
The bitstore ethereum provides a method to use the power of technology without trusting Google,
Facebook, or your bank to share your personal data. Because Facebook and Google are known to store
data of their users. This shows that the user data is centralized. Because there are some specific
locations where the data is being stored. Hacking is very much possible for centralized data.
Ethereum offers data decentralization using the latest blockch