Ethereum ETH to Gold Bits Coin GBC Exchange

Crypto Pair Details: ETH to GBC

Ethereum ETH

Ethereum is a smart contract platform that enables developers to build tokens and decentralized applications (dapps). ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts. Smart contract is essentially a computer code that runs exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference. It can facilitate the exchange of money, content, property, shares, or anything of value. When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Ethereum allows programmers to run complete-turing smart contracts that is capable of any customizations. Rather than giving a set of limited operations, Ethereum allows developers to have complete control over customization of their smart contract, giving developers the power to build unique and innovative applications. Ethereum being the first blockchain based smart contract platform, they have gained much popularity, resulting in new competitors fighting for market share. The competitors includes: Ethereum Classic which is the oldchain of Ethereum, Qtum, EOS, Neo, Icon, Tron and Cardano. Ethereum wallets are fairly simple to set up with multiple popular choices such as myetherwallet, metamask, and Trezor. Read here for more guide on using ethereum wallet: How to Use an Ethereum Wallet

Gold Bits Coin GBC

GBC, Game Bank Coin in short, is the token issued by I.H.C platform in accordance with ERC20 standard. The cryptocurrency is used for ads auction and other transactions on I.H.C platform. GBC can be traded freely after the pre-sale and will be listed on serval digital currency exchange within the shortest time. The total supply amount of GBC is 3 billion and will never be issued additionally. The subscription is open to early investors in order to raise money for the platform development. Besides, GBC can also act as incentive for the contributors of I.H.C ecosystem. GBC will also be circulated on the third party digital currency exchanges.

SOURCE: COINGECKO

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