Ethereum Explained
Ethereum is a global, open-source platform and programmable blockchain that enables developers to write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.
Ethereum is building the foundation of our digital future by enabling developers to create and develop unstoppable and censorship-resistant decentralized applications. It’s not owned or controlled by any single entity, it’s a community built technology that’s behind thousands of cryptocurrencies and applications you can use today.
Ethereum is the base protocol layer of our decentralized digital future and it currently powers the most important cryptocurrencies and blockchain-based applications and technologies in the world.
What’s more?
Ethereum builds on Bitcoin’s innovation of a sound digital money without payment providers or banks with its own native cryptocurrency, Ether (ETH).
But unlike Bitcoin, Ethereum is programmable and its digital currency Ether can be used for more than payments. It can be used in decentralized financial services, games, and apps that can't steal your data or censor you.
Also, since Ethereum is programmable, lots of different digital assets (including Bitcoin) can be used in Ethereum-powered applications and technologies as well.
Important Ethereum Features:
Open-Source & Decentralized
Ethereum operates in a decentralized manner across thousands of computers distributed around the world. No one owns or controls Ethereum and it’s code and technology is freely available and open-source.