Ethereum VS Effect Network
Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform. The ethereum blockchain crypto uses ethereum as its gas to make transactions happen on their network. In this post you will learn all about ethereum and how it compares to bitcoin and other cryptocurrencies.
Cryptocurrencies are digital currencies that use encryption techniques to regulate the generation of units of currency and verify the transfer of funds. Effect is a decentralized network for Artificial Intelligence computational power all around the world. The effect token (EFX) will be used as a payment method in effect’s ecosystem, which includes effect miner, effect smart market and effect cloud services.
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