Ethereum is a decentralized and open-source blockchain system that has its own cryptocurrency: Ether. ETH acts as a platform for a multitude of cryptocurrencies but also for the execution of smart contracts.
It was in 2013 that Vitalik Buterin first described Ethereum in his white paper. Mr. Buterin and the other co-founders provided funding for the project through a public online fundraiser during the summer of 2014. They officially launched the blockchain on July 30, 2015.
Ethereum's goal is to become a global platform for decentralized applications; it must enable users around the world to write and run software that resists censorship, downtime, and fraud.
It was in 2013 that Vitalik Buterin first described Ethereum in his white paper. Mr. Buterin and the other co-founders provided funding for the project through a public online fundraiser during the summer of 2014. They officially launched the blockchain on July 30, 2015.
Ethereum's goal is to become a global platform for decentralized applications; it must enable users around the world to write and run software that resists censorship, downtime, and fraud.
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