Basically, ethereum is a digital currency and can be stored as a virtual currency too. It can be used and traded like real money. Ethereum can be generated too and for processing, it needs lots of processing power to generate its blockchain. My ethereum wallet is a secure way to store or save digital currency. My ethereum wallet can be accessed from mobile phones and computers so it is accessible from nearly all devices and from everywhere in the world. My ethereum wallet is very secure and highly protected by hardware pocket or wallet security. So your funds are very secure on my ethereum wallet.
Ethereum uses blockchain technology for totally decentralized payments for securing even more. So basically, there is far better than the bitcoin. My ethereal wallet is very secure and getting more and more secure because of a well-established and decentralized software platform. Because of decentralized apps, it is 100 percent secure so anyone can store their currency on my ethereum wallet. My ethereum wallet runs without the downtime and it’s protected against fraud. Basically, it’s a virtual platform so no one can interfere with it. My ethereum wallet can be used as trading on exchanges like cryptocurrencies. My ethereum wallet can be used easily for trade as a decentralized and secure platform.
So, basically, ethereum is a cryptocurrency called ether that used for the ethereum blockchain. Ethereum currency can be stored in a single place, it is virtual and it’s like the internet. Likewise, the internet is not a single place, it’s a whole connected network of servers and computers so it’s called the internet. Like that ethereum is stored virtually on the cloud or on the internet. You can say that. My ethereum wallet is not a single place where you can put currency for storing; it’s a very large virtual network like the internet where ethereum currency is stored like bitcoin used to. So in my ethereum wallet, the stored currency is not stored on a single web server, the real digital currency is stored virtually everywhere, so no one can interfere with your currency, and no fraud job can happen in this procedure.
In My ethereum wallet, no third party is connected so no personal data can be leaked. So, no chances of leaking data through central servers of big companies and other service providers. From my ethereum wallet, ethereum can be used for anything like trading, etc. So, in sort, ethereum is a public blockchain network so it is spread everywhere like a cloud or like an internet. The base of the ethereum is the code and it’s stored on a virtual base so it cannot be manipulated or cannot be stolen or cannot be hacked or destroyed so your digital currency in my ethereum wallet is secure.
To download our Banq app please click here