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What is Ethereum?

'Ether is the digital currency used on the Ethereum network. Like Bitcoin, Ethereum works via a public blockchain network. At the same time, Bitcoin is used to track currency ownership, and the Ethereum blockchain focuses on running the programming code of any decentralized application.

These applications can include security programs, voting systems and methods of payment. Like bitcoin, Ethereum operates outside the mandate of central authorities such as banks and governments.

Vitalik Buterin created the idea behind Ethereum. He launched the first version of the platform in 2015, with the help of several co-founders. Since then, it has become the second-largest cryptocurrency and has helped prompt an increase of new rivals to bitcoin.

Want to learn more about Ethereum? Would you mind checking out their website

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