![]() Instead of a middleman like a bank controlling the database, it’s run on a network of computers. For example, when you swipe your credit card, it gets logged on a bank’s database.īlockchain is a completely new way of record keeping. ![]() In the past, all databases were controlled by central authorities. It’s a tool for recording and verifying transactions and asset ownership. “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”īitcoin was the first use of an incredible new technology called blockchain. Think of blockchain like a database. Bitcoin and Ethereum don’t even belong in the same sentence.Īt its core, bitcoin can be summed up in two words:īitcoin’s mysterious creator “ Satoshi Nakamoto” described it like this:.Or will Ethereum roughly triple to $10K first? Will bitcoin hit $100K-which is roughly double from here? My research shows both should continue to rise.īut which will hit their big milestone first? Today, bitcoin is roughly $55,000 per coin. If you had invested five hundred bucks into both cryptos five years ago, you’d be sitting on $180,000. Bitcoin And Ethereum Have Skyrocketed In Valueīitcoin And Ethereum Have Skyrocketed In Valueīitcoin (BTC) and Ethereum (ETH) are far and away the two largest cryptos, worth roughly $1.4 trillion combined.
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