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.
Ethereum also provides a cryptocurrency token called “Ether”, which can be transferred between accounts and used to compensate participant nodes for computations performed. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.
Ethereum was initially described in a white paper by Vitalik Buterin, a programmer involved with Bitcoin Magazine, in late 2013 with a goal of building decentralized applications. Buterin had argued that Bitcoin needed a scripting language for application development.
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Failing to gain agreement, he proposed development of a new platform with a more general scripting language.
Ethereum was announced at the North American Bitcoin Conference in Miami, in January 2014. During the three-day event, Buterin also presented Ethereum’s founding team: Mihai Alisie, Anthony Di Iorio, and Charles Hoskinson.
Gavin Wood was later added as co-founder and CTO.
Ethereum is developed by the Ethereum Foundation, a Swiss non-profit organization, with contributions from great minds across the globe.
The father of Ethereum is Vitalik Buterin.
10 Related Question Answers Found
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 platform that enables the development of decentralized applications, also called dapps. These dapps can be built on Ethereum and run on the Ethereum Virtual Machine, a secure sandbox environment that can execute code exactly as it was intended.
Vitalik Buterin is the creator of Ethereum, a decentralized platform that runs smart contracts. He first became interested in Bitcoin in 2011, and he co-founded Bitcoin Magazine in 2012. In 2013, he proposed the development of a new platform that would later become Ethereum.
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.
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.
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 proposed the development of Ethereum in a white paper. He was inspired by Bitcoin, but he thought that its application was limited to only financial transactions.
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 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 was founded by Vitalik Buterin in 2014. He was a Russian-Canadian programmer who had previously worked on Bitcoin. Buterin believed that Bitcoin needed a scripting language, which he proposed in a white paper in 2013.
Ethereum was created by Vitalik Buterin in 2014. Buterin, a Russian-Canadian programmer, was involved in the development of Bitcoin before creating Ethereum. He was inspired by Bitcoin’s success, but he saw that it had limitations.
