What is Ether?

Ether is a digital token based on Ethereum technology, introduced in August 2015. Ethereum is a system based on revolutionary and innovative blockchain technology, just like Bitcoin. However, the most distinguished difference is the fact that the Ethereum platform can be used to create diverse, decentralized applications (DApps). Meanwhile, Bitcoin is just acting as an alternative currency. From the investment point of view, Ether is a currency, an excellent alternative to traditional means of payment. Initially, Ether's price was about $2.80, but since its creation, the value is constantly growing.   As far as internal factors are concerned, Ether's price is affected by changes taking place on the Ethereum platform. This technology is still developed and - from time to time - it reaches turning points in the form of "hard forks". They change the way of the functioning, resulting in the lack of retrospective compatibility of the platform.   Ether offers opportunities to earn money to both single-time investors and those who prefer long-term engagement. The former can make attempts to earn on Ether’s high volatility and try following the most important information about the already mentioned hard forks, Bitcoin rates, or other events that may affect the ETH token’s price in any way.   The latter on the other hand may perceive this coin as "the next Bitcoin". They can buy it immediately and hope for a significant increase in its rate, and therefore - a big return on its investment in the future.   If you want to learn more about Ether, its current prognosis and plans for development - follow our website, Tokeneo News. A large dose of interesting and inspiring information is supported by reliable sources that appear daily on our website. It will help you to get a better understanding of the digital tokens’ world and make better investment decisions in the future.