What is ethereum: – Launched in 2015, Ethereum is a decentralized open source blockchain-based software platform used for its own cryptocurrency, Ether. It allows you to create and execute smart contracts and distributed applications (timeApps) without downtime, fraud, control or interference.
.Ethereum is not just a platform, but a programming language (Turing Complete) running on the blockchain, helping developers create and publish applications.
.Ethereum is an open source computer platform and operating system.
It also has its own linked cryptocurrency, ether.
What is Ethereum? full information
Applications running on Ethereum run on a platform-specific cryptographic token, Ether. During 2014, Ethereum launched a pre-sale of Ether, which received a stunning response.
Ether is similar to a means of transportation on the Ethereum platform and is mainly used by developers who want to develop and run applications inside Ethereum. Ether is widely used for two purposes.
It is traded as a digital currency exchange, like other cryptocurrencies, and is used to launch applications and even monetize work inside Ethereum.
In 2016, Ethereum was split into two separate blockchains, Ethereum and Ethereum Classic, a set of smart contracts created on the Ethereum software platform. The new Ethereum was a hard fork of the original software.
Which was created to protect against other malicious attacks. As of September 2019, Ethereum was the second largest virtual currency on the market after bitcoin. Getting ethereum currency is much faster than Bitcoin. And there are much more units of ether in circulation than bitcoins.