On Monday, ShapeShift.io announced that it has integrated the Ethereum digital asset onto its instant exchange platform. Customers anywhere in the world can now buy or sell “ether” instantly along with Bitcoin, Litecoin, Ripple and several dozen other digital assets through ShapeShift.io.
Erik Voorhees, ShapeShift’s CEO, shared:
“Ethereum is a wild project and will likely change software architecture in the same manner that Bitcoin is changing financial architecture. The two projects are beautiful compliments to each other.”
The Ethereum platform is designed to enable advanced software development upon a decentralized architecture. Where Bitcoin was designed specifically as money, Ethereum attempts to apply true peer-to-peer principles to scripts and applications themselves.
If successful, many future software products will not exist on a central server, but within the Ethereum blockchain, making them censorship-resistant and trustless. Augur, the world’s first decentralized prediction market, is one of the first high-profile projects built upon Ethereum.
George Hallam, Business & Partnership Director at Ethereum, added:
“On a personal note, I’m very appreciative of the hard work that the ShapeShift development team has put into making the Ether listing a reality.”