Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls money, and build applications accessible anywhere in the world. Both Bitcoin and Ethereum are often compared to each other, but, the two were designed with different vision and goals. Bitcoin is an established cryptocurrency used for trading, Ethereum is a multipurpose platform with its digital currency as the fuel for smart contracts functionality.. But what is Ethereum and what future does it hold for our society, here’s a run-through. What is Ethereum? According to the Ethereum website, “Ethereum is a decentralized platform that runs smart contracts.”This is an accurate summary but in my experience when first explaining Ethereum to friends, family, and strangers it helps to compare Ethereum to Bitcoin since a lot of people have at least heard about Bitcoin before. Jul 31, 2020 - Ethereum Classic experienced the second successful chain reorganization attack on the network. The network has stablized. Please migrate away from deprecated OpenEthereum to a recommended client. Aug 29, 2020 - Ethereum Classic experienced the fourth successful chain reorganization attack on the network. The network has stablized. Please use one of the current clients.
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