Ethereum is a distributed, open source, block-based, open source operating system with intelligent contractual functionality. It supports a modified version of Nakamoto's consensus through transactional state transitions. In popular discourse, the term Ethereum is often used interchangeably with Ether to refer to the crypto currency generated on the Ethereum platform. Ether is a crypto currency, the chain of which is generated by the Ethereum platform. Ether can be transferred between accounts and used to compensate the participating production nodes for the performed calculations. Ethereum provides a complete decentralized virtual Turing machine, an Ethereum virtual machine that can run scripts using an international network of public nodes. "Gas," the internal mechanism for transaction pricing, is used to mitigate spam and distribute resources across the network.
When it comes to the value of cryptocurrency, Ethereum is soaring without any interruptions. About four months back, it was worth only about $300, but today, the price looms close to $800. Just like any cryptocurrency, Ethereum can also fluctuate in value. It can increase or decrease by 25% in a single day. But, the Ethereum Price Predication in 2018 from the best cryptocurrency experts suggests that there are only good things to come for this currency. It is estimated that by December 31st, 2018, the market will close somewhere near $5000. There are some people that say otherwise. Even the people that are against Ethereum claim that the prices for single Ether will no doubt, be $2000 at the end of the year. Though, we believe that two grand is a small feat for Ethereum to complete in 2018.
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