https://preview.redd.it/yo4kwpjsiw351.jpg?width=1200&format=pjpg&auto=webp&s=2aa8061883cb5a36cd860ad5581041a93816da65 The number of wallets on the Ethereum network has reached 100 million for the first time in five years of cryptocurrency existence, said Ryan Sean Adams, founder of Mythos Capital. He pointed out that this reflects the massive adoption of Ethereum, and compared crypto wallets to bank accounts. The former are independent of states and companies, are available anywhere in the world and belong only to their owners. Adams also compared ethereum to the internet: “Ethereum doing to value what the internet did for communication,” he explained. For comparison, he gave a graph of the growth in the number of websites - the level of 15 million was reached only 15 years after the mass launch of the Internet.
Ethereum wants to replace third parties on the Internet that stores all data ever provided, promising its audience the outmost anonymity, without keeping any financial details or similar. Essentially, Ethereum creators wanted it to be a world computer that would be completely decentralised, and according to some, democratised. Upon further investigation, the reorganization of the Ethereum Classic is now deemed to be a non-malicious mistake by a miner with a bad internet connection and is in the process of being addressed. But due to the nature of Ethereum Classic’s proof-of-work consensus algorithm, the blockchain is now moving forward on the “split” chain ... Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls money, and build applications accessible anywhere in the world. Ethereum is a technology that uses blockchain development to replace internet third parties that store data and financial records. In an idealized ethereum model, no one entity would control your ... But all you need to access Ethereum and its lending, borrowing and savings products is an internet connection. A more private internet You don't need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance.
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