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Once the exclusive domain of nerds and technologists, cryptocurrency has now found a mainstream audience and user base. Fears of inflation, ongoing quantitative easing, and aggressive stimulus spending have spurred investors\u2019 interest in alternative stores of value such as Bitcoin.\u00a0<\/span><\/p>\n Being the world\u2019s leading cryptocurrency, Bitcoin offered a plethora of novel financial technologies to the market. It pioneered blockchain infrastructure, a system of digital checks and balances that allow for secure and verifiable peer-to-peer transactions. Transactions on the blockchain are verified through a proof of work protocol that leverages a group of miners who use a distributed set of computational systems that certify transactions by solving cryptographic problems.<\/span><\/p>\n The significance of these innovations lies in the fact that they enable a set of digital financial services without the need for a centralized authority such as a bank or government. It allows users to securely transfer Bitcoin to others without a bank to certify and settle the transaction. Instead, these transactions and Bitcoin users\u2019 account balances are logged in a public ledger that is created and validated through the proof of work protocol.<\/span><\/p>\n These innovations have earned the attention of technologists and high-profile investors such as Mark Cuban. Even institutional investors have taken an interest in Bitcoin as a hedge against inflation and long-term store of value.\u00a0<\/span><\/p>\n Cuban has also taken an interest in a variety of alternative cryptocurrencies, often referred to as <\/span>altcoins<\/span><\/a>. He has controversially been supportive of Dogecoin, a meme-based cryptocurrency that features the playful image of a Shiba Inu dog. Although Dogecoin was originally created as a satirical cryptocurrency, it has since achieved viral popularity and renewed interest.<\/span><\/p>\n High-profile business people including Mark Cuban and Elon Musk have been optimistic about Dogecoin\u2019s prospects because it is a common introductory cryptocurrency for individuals that are new to crypto. Its viral, accessible nature makes it a great introduction to cryptocurrencies for the uninitiated.<\/span><\/p>\n Mark Cuban has been supportive of Non-Fungible Tokens (NFTs) and a variety of other cryptocurrency technologies. There is one cryptocurrency in particular that Cuban has shown a great deal of interest in for its unique features and applications. That cryptocurrency is called Ethereum.\u00a0<\/span><\/p>\n Now is probably the part where you\u2019re wondering should I buy Bitcoin cash? The answer is yes <\/span>according to Crypto Dispensers<\/span><\/a>, depending on your purposes. While Bitcoin uses technology to enable secure transactions without a centralized authority such as a bank, it does not offer users the ability to create and execute contracts. This could be a drawback for people that are transferring large amounts of money as part of a business arrangement and want that agreement to be in writing. In many cases, there are conditions that must be met by both parties before a transaction takes place, and in the case of Bitcoin, a bank would still be necessary to secure this in a contract.<\/span><\/p>\n That\u2019s where Ethereum comes in. Ethereum utilizes some of the core innovations of Bitcoin, including the blockchain and proof of work protocol, to offer a technological way to ensure contracts. Often referred to as <\/span>smart contracts<\/span><\/a>, Ethereum offers a system of checks and balances that enforce contracts between different parties.\u00a0<\/span><\/p>\n Much like Bitcoin, Ethereum features a public ledger that records all transactions, and this ledger is distributed across the network, meaning that many users store a copy of it so that it can\u2019t be manipulated. Moreover, new digital wallets and crypto exchange platforms such as Coinbase have made it easier than ever to buy Ether. A number of Coinbase alternatives and Bitcoin ATMs have also emerged that simplify the process even further.<\/span><\/p>\n Mark Cuban is bullish on the future of Ethereum because it can be used to create smart contracts that facilitate commerce between individuals and businesses. Moreover, these smart contracts need not be affiliated with a centralized authority such as a bank or government in order to be secure and enforceable.\u00a0<\/span><\/p>\n