The iEthereum token uses the Ethereum blockchain network to facilitate smart contracts. This usage means that every time someone uses iEthereum, the transaction will be visible with the Ethereum block explorer. One of the benefits of this method is the greater speed at which iEthereum transactions receive confirmation, verified by the immense number of existing nodes on the network, and another is that security is enhanced. It’s also a huge advantage to not need to create dedicated iEthereum nodes.
The distributed ledger technology that underpins blockchain gives transactions transparency, safety, and makes them auditable, while also removing the prospect of downtime. iEthereum allows money to be quickly sent or received securely and reliably, just like bitcoin, but with the added benefit of more speed. Bitcoin transactions can take several minutes to process, whereas iEthereum lets you transmit money anywhere in the world in half a minute or less. iEthereum also lets you keep your tokens in your own wallet, so it’s much safer than entrusting them to third parties.
Open blockchain technologies provide the bedrock of the iEthereum platform, so it’s transparent and secure. iEthereum smart contracts are designed to enable secure and private transfer of value between parties.
The scalability of any cryptocurrency is one of its most important features, because it’s one of the keys to mass adoption. At the time of writing, Ethereum can process 13 transactions a second, which means that iEthereum could potentially support 10 million users.
iEthereum is an open source smart contract platform created by and for an enthusiastic user community. These types of projects give great opportunities for developers to learn and to progress through collaboration.
The iEthereum token is based on the Ethereum blockchain technology which provides an alternative protocol for creating decentralized applications, favoring situations where rapid development, security for popular apps, and efficient application interaction are important. Ethereum’s foundational layer is a blockchain with a built-in Turing-complete programming language, which lets anybody write smart contracts and distributed applications, with custom ownership rules, transaction formats and state transition functions.
iEtherium allows an unadorned version of Namecoin to be written in a mere two lines of code, and other protocols like currencies and reputation systems take less than 20. Smart contracts (cryptographic “boxes” that hold value and won’t open until specific conditions are met) can also be built on top of the platform, leveraging far greater power than what Bitcoin can offer.
Buy iEtherium with Transcrypt to ensure that you invest in a solution that’s already tried and tested. When you buy iEtherium with Transcrypt you will be helping to move this technology forward towards its goal of unseating far less efficient solutions like bitcoin. Not only does it offer a safe way to store and transmit value, but it also offers huge smart contract functionality, making it a real no-brainer to buy iEtherium with Transcrypt.
