Coin-related
Price calculator
Price history
Price prediction
Technical analysis
Coin buying guide
Crypto category
Profit calculator
Ethlas priceELS
How do you feel about Ethlas today?
Price of Ethlas today
What is the highest price of ELS?
What is the lowest price of ELS?
Ethlas price prediction
When is a good time to buy ELS? Should I buy or sell ELS now?
What will the price of ELS be in 2025?
What will the price of ELS be in 2030?
Ethlas price history (USD)
Ethlas market information
Ethlas ratings
About Ethlas (ELS)
The Historical Significance and Key Features of Cryptocurrencies
Cryptocurrency, a term that has become ingrained in our daily lexicon, carries a substantial weight of historical significance and innovative features. Notably, it introduces a new level of disruption in the traditional financial landscape. Yet, the cryptocurrency phenomenon is significant not merely because it offers an alternative to flat currencies, like the Euro or Dollar. Rather, its true importance lies within the realm of technological advancements, some of which are seemingly morphing the face of global finance.
Historical Significance
The first cryptocurrency to truly capture global attention was Bitcoin (BTC). Introduced in 2009 by an anonymous entity using the pseudonym Satoshi Nakamoto, Bitcoin was conceptualized as a peer-to-peer electronic cash system intended to offer a decentralized alternative to traditional fiat currency. This novel form of digital money relies on cryptography for secure transactions, control, and creation of additional units.
Bitcoin's introduction was just the tip of the iceberg, leading the way to an expansive universe of cryptocurrencies, each striding to carve out a unique identity and value proposition. The disruptive potential of these digital assets has captivated not just the tech enthusiasts but also a broad spectrum of investors, businesses, and regulators worldwide.
Key Features
What makes cryptocurrency an attractive financial tool are the unique features it brings to the table:
Decentralization
Unlike traditional financial systems where transactions pass through a central authority like a bank or government, cryptocurrency transactions are decentralized. The crux of Bitcoin, Ethereum, and many other cryptocurrencies is the elimination of a central authority.
Anonymity
Though all cryptocurrency transactions are stored on the blockchain and are publicly accessible, the identities of the parties involved are often pseudonymous. This certainly grants investors a greater degree of privacy.
Peer-to-Peer Focus
As a decentralized network of participants or nodes controls the cryptocurrency transactions, they take place directly between parties without an intermediary. This peer-to-peer nature expedites transfers, making them efficient even cross-border.
Blockchain Technology
At the heart of cryptocurrencies lies the groundbreaking blockchain technology. This digital, decentralized ledger chronicles cryptocurrency transactions in a transparent yet secure way. Acknowledging the potential of blockchain, numerous sectors beyond finance, such as healthcare, agriculture, and logistics, are exploring its applications.
Security
The cryptographic element of digital currencies adds a layer of security that is hard to breach. Each cryptocurrency holder has a 'crypto wallet' with two keys: a public key, which is like an email address, and a private key, which acts like a password. This dual-key system enhances the security of transactions and prevents fraud and double-spending.
In conclusion, the universe of cryptocurrencies offers an intriguing look into an alternative financial system that has the potential to transform global transactions. With its historical significance as a disruptor and its unique features, the world of cryptocurrency presents a vibrant and dynamic frontier in the realm of finance. As global adoption continues, and as cryptos continue to evolve, we can be excited about what this means for the financial landscape of the future.
ELS to local currency
- 1
- 2
- 3
- 4
- 5
Ethlas Social Data
In the last 24 hours, the social media sentiment score for Ethlas was 3.1, and the social media sentiment towards Ethlas price trend was Bullish. The overall Ethlas social media score was 713, which ranks 542 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Ethlas being mentioned with a frequency ratio of 0.03%, ranking 127 among all cryptocurrencies.
In the last 24 hours, there were a total of 721 unique users discussing Ethlas, with a total of Ethlas mentions of 300. However, compared to the previous 24-hour period, the number of unique users increase by 2%, and the total number of mentions has increase by 5%.
On Twitter, there were a total of 9 tweets mentioning Ethlas in the last 24 hours. Among them, 22% are bullish on Ethlas, 22% are bearish on Ethlas, and 56% are neutral on Ethlas.
On Reddit, there were 0 posts mentioning Ethlas in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
All social overview
3.1