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What is Ethereum/Ethereum ETH?

Ethereum (English: Ethereum) is an open source public blockchain platform with intelligent contract function. A decentralized virtual machine (called "Ethereum Virtual Machine") is provided through its special cryptocurrency, Ether, to handle peer-to-peer contracts.

The tokens on the Fang blockchain are called Ether with the code ETH, which can be traded in the foreign exchange market of many cryptocurrencies. It is also the medium used to pay transaction fees and computing services in the Ethereum.

The concept of Ethereum was first put forward by programmer Vitalik Buterin from 213 to 214, inspired by Bitcoin, which means "the next generation cryptocurrency and decentralized application platform", and it began to develop through ICO crowdfunding in 214. As of February 218, Ethereum is the second highest cryptocurrency in market value, second only to Bitcoin. Data expansion:

Ethereum was first proposed by Vitalik Buterin in 213. Vitalik was originally a programmer who participated in the Bitcoin community. He once advocated to the core developers that the Bitcoin platform should have a better programming language for people to develop programs, but they didn't agree, so he decided to develop a new platform for this purpose. Buterin believes that many programs can achieve further development with the principle similar to Bitcoin. Buterin wrote the White Paper of Ethereum in 213, explaining the goal of building a decentralized program. Then, in 214, the funds for development were publicly raised through the Internet, and investors used Bitcoin to buy ethereum from the Foundation.

at first, the ethereum program was developed by a Swiss company, Ethereum Switzerland GmbH, and then transferred to a non-profit organization, Ethereum Foundation.