The Promise and Peril of Ethereum
Ethereum has the potential to revolutionize the entire financial landscape, but this cryptocurrency is a high-risk investment asset.
If you're still getting up to speed on the cryptocurrency space, you've probably heard of Ethereum, which ranks as the second-largest cryptocurrency after bitcoin. Following in the footsteps of John Rekenthaler, I'll write this article with Morningstar's typical audience in mind--well-informed investors who own conventional securities, such as mutual funds and exchange-traded funds, but haven't yet added cryptocurrencies to their portfolios. This article will explain some of the basics of the Ethereum protocol; I'll discuss ether as an investment asset in my next article.
Amy C. Arnott has a position in the following securities mentioned above: AAPL. Find out about Morningstar’s editorial policies.