Conceptualized in 2013 by Vitalik Buterin and launched in 2015, Ethereum is the most-used blockchain platform in the world and the second-largest cryptocurrency after Bitcoin. Apart from being a cryptocurrency, Ethereum’s blockchain can be used to create ERC-20 tokens and ERC-721 non-fungible tokens, is used to power dapps (distributed applications), smart contracts, DAOs, and can also be used as a vehicle for other cryptocurrencies.
This is all possible because Ethereum was conceptualized as a programmable blockchain. This means that it isn’t just a distributed ledger of a digital currency like Bitcoin: it’s a distributed repository of code. The ability to store and run distributed, trustless code on the Ethereum Network opened up a whole world of possibilities for blockchain technology.
About Ethereum
Everything you need to know about Ethereum 2.0
Ethereum’s London Hard Fork Upgrade Explained
Ethereum Applications
How to protect yourself from DeFi hackers
What is the difference between ERC-20 and ERC-721?
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