Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.
Ethereum is a public blockchain-based distributed computing platform, featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute peer-to-peer contracts using a currency called ether.
Ethereum was proposed in 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014.
NOTE: Warning: It is important to be aware that the CEO of Ethereum is not a single individual, but rather a decentralized network of developers and other professionals. Ethereum is a blockchain-based platform and thus, it does not have a CEO or other centralized management structure. As such, any claims that an individual is the ‘CEO’ of Ethereum should be viewed with caution.
The system went live on 30 July 2015, with 11.9 million coins “premined” for the crowdsale.
This accounts for approximately 13 percent of the total circulating supply. In 2016, as a result of the collapse of The DAO project, Ethereum was split into two separate blockchains – the new separate version became Ethereum (ETH), and the original continued as Ethereum Classic (ETC).
The value of the ether currency grew up rapidly in 2017.
The CEO of Ethereum is Vitalik Buterin.
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Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a project with immense potential. But who is the driving force behind it?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is one of the most popular cryptocurrencies, behind only Bitcoin in terms of market capitalization. It is often called “digital oil” because of its use in powering decentralized applications and smart contracts.
In 2015, a group of developers launched the Ethereum Foundation in order to support the Ethereum protocol and network. The foundation is a non-profit organization with the mission of promoting and supporting Ethereum platform and base layer research, development, and education. The foundation has control over the Ethereum brand, website, social media accounts, and trademarks.
Vitalik Buterin is a Russian-Canadian programmer and writer primarily known for his work on Ethereum, an open source public blockchain platform. He is a co-founder of Ethereum and one of its lead developers. Buterin first became interested in blockchain and cryptocurrency technology in 2011 and he soon became involved in the Bitcoin community, co-founding Bitcoin Magazine in September 2011.
When it comes to cryptocurrency, Ethereum is the second most popular platform after Bitcoin. And like Bitcoin, Ethereum addresses are also pseudonymous, which means that the identity of the person or group behind an address is not revealed. So, who owns an Ethereum address?
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. In 2014, a 19-year old Vitalik Buterin, who was already involved in the Bitcoin community, realized that Bitcoin needed a scripting language for application development. He proposed the creation of Ethereum to the core developers of Bitcoin, and they agreed.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a public blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.
