Bitcoinus etherscan

Chapter 02

Ethereum apps aim to give people more control over their online data. Using these apps is a matter of learning how to buy, store, and use its native token, ether. 

If the Ethereum protocol, sometimes called the “world computer,” develops as its proponents expect, it could provide alternatives to tech platforms, such as Facebook and Google, that many people have come to depend on. Generally, those alternatives would give users more control over their digital information.

However, this control comes at a cost: ether. Every action on an Ethereum app, even as small as posting a short message to a microblogging platform, costs a little bit of ether. With ether fees, users can tap into a variety of apps on the platform.  

These apps, also known as decentralized apps (dapps), are not free because the computing resources of the Ethereum platform are limited. The more people using the platform, the higher the fees. Since the number of services that interact with Ethereum right now is relatively high, so are the fees.

In this regard, Ethereum is still a work in progress. A network upgrade, Ethereum 2.0