Blockchain Opens Gate For Ethereum

Blockchain opens gate for Ethereum

Ethereum, a decentralized platform that runs smart contracts has managed to create its own space. Taking a brief look over the crypto market cap, Ethereum price has risen almost 4000% for the year.

Blockchain, the oldest and most popular user-controlled bitcoin wallet, have opened gates for Ethereum.

Announced today, Blockchain adds Ethereum as a second currency to the service. It is launching an option for users to create Ethereum software wallets.


CEO Peter Smith said in a statement:

“As popularity of Ethereum has grown, so has the desire from our customers to have an option to manage multiple digital assets within their blockchain wallets. We are thrilled to introduce this new functionality to our community and will continue to find ways to make interacting with digital assets even easier.”


Peter Smith further mentioned that Coinbase, a cryptocurrency exchange began offering ether long time back but Blockchain needs to be more conservative due to the demographics of its users. But with time Ethereum has really matured as a community, ecosystem and technology. And so the decision has finally been taken place.


Also, the launch coincides with a new partnership with Shapeshift.

Shapeshift is the leading instant digital asset exchange that offers global trading of blockchain tokens. Integrating with Shapeshift will allow users to transition funds amid their bitcoin and ethereum wallets.

Being more precise, users can easily trade from bitcoin to ether and vice versa.

Many other exchanges like Bitstamp and banks like Falcon Private Bank, a Swiss-based private bank are also in support of Ether.

 

Source : Forbes.com

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