Like Bitcoin Blockchain, Ethereum is also a distributed public blockchain network. Although there are some significant technical differences between the two, the most important distinction to note is that Bitcoin and Ethereum differ substantially in purpose and capability. Bitcoin Blockchain offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the Bitcoin blockchain is used to track ownership of digital currency (bitcoins), the Ethereum blockchain focuses on running the programming code of any decentralized application.
The benefits of using Ethereum are:
- Enhanced security protocols
- Trading efficiency
- Reduced costs
- Better product tracking in the supply chain management
If you are planning to hire a Full-Stack Ethereum developer at a cost-effective price point, then you should opt for a mid-scale Indian Ethereum development company. You can choose us as your next preferable partner for Full-Stack Ethereum Development as we are an Indian Ethereum development company with more than a decade of experience delivering excellence to clients across the globe.
To choose an Ethereum Development company, you need to realm your research on the company’s past experience, cost-effectiveness, and projects undertaken previously by them, these pointers will help you in making a confined choice. We, at ValueCoders, have built 150+ apps and delivering excellence for the past 14 years in blockchain and Ethereum app development.
Ethereum Blockchain is considered to be one of the futuristic technology of the current time. The major impact of Ethereum Blockchain has been seen in the Banking and Finance Industry, and it has been estimated that the market size for Ethereum is going to be in multiples for the next year. Hence, sticking to Ethereum Blockchain for your futuristic project requirements is not a bad idea.
Some of the popular iPhone Ethereum Wallets are:
- Ledger Nano S
- Jaxx Blockchain Wallet