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  • Writer's pictureCarolina Pérez

Pandora's Wallet - The Power of ETH

For many, it is clear that bitcoin holds the crypto crown regardless of the amount of other Alt Coins available on the market. I believe bitcoin will hold the crown simply because it's the first coin in circulation. Thanks to Nakamoto, we now have a protocol that is used to amplify the crypto ecosystem, introducing a new form of money that rapidly has climbed its way onto the financial markets.

Nonetheless, there have been other releases that have been very important to the crypto community. There is one in particular that changed the ecosystem and opened more possibilities within digital currency; Ethereum, launched in 2015.

“Ethereum is a decentralized software platform that enables Smart Contracts and Decentralized Applications (DApps) to be built and run without any downtime, fraud, control, or interference from a third party.”

You can code just about any app, with the benefit of being decentralized, that allows you to create a more trustworthy application.

Ethereum and its blockchain system are based on the use of tokens; these tokens can be bought sold or traded in the market.

“In this case, "tokens" represent a diverse range of digital assets, such as vouchers, IOUs, or even real-world, tangible objects. In this way, tokens are essentially smart contracts that make use of the Ethereum blockchain.”

The ERC-20 Token being one of the most important ones. "The ERC-20 commands vital importance because it defines a common list of rules that all Ethereum tokens must adhere to. Consequently, this particular token empowers developers of all types to accurately predict how new tokens will function within the larger Ethereum system. “

We have recently announced that we will be releasing Ethereum on Pandora's Wallet, this is something we have wanted to do for a long time but began introducing coins based on the bitcoin protocol. Davinci and our developers have been working all week running tests; to launch our release smoothly. All subscriptions will be 25% off until we release ETH.

It is essential to have Ethereum on Pandora's Wallet because it has revolutionized the crypto community, and in a trader wallet such as ours, we couldn't be behind. After this release, there will be many other incorporations that we will be making in the upcoming months, hopefully enabling ERC-20 Tokens as soon as possible!

Please take a look at this recent article I found

“The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.”

If you haven't checked out our wallet, click here and take advantage of our limited-time promotion!

By: Carolina Pérez

Twitter: @carolinaninap

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