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What is Ethereum?

Ethereum is an open source public blockchain platform with smart contract functions. It provides a decentralized Ethereum virtual machine to process point-to-point contracts through its dedicated cryptocurrency Ethereum.

The concept of Ethereum was first proposed by programmer Vitalik Buterin between 2013 and 2014 after being inspired by Bitcoin. It roughly means "next generation cryptocurrency and decentralized application platform". Ethereum is the cryptocurrency with the second highest market value, second only to

in Bitcoin.

The Ethereum protocol will be as simple as possible, even at the expense of some data storage and time inefficiencies.

This will ultimately help reduce the influence that any particular individual or elite group may have on the protocol and advance Ethereum’s prospects as a protocol open to everyone.

Extended information: Ethereum is a platform that provides various modules for users to build applications. If building an application is like building a house, then Ethereum provides modules such as walls, roofs, and floors; users only need to build blocks like building blocks.

Building a house is the same, so the cost and speed of building applications on Ethereum are greatly improved.

Specifically, Ethereum uses a Turing-complete scripting language to build applications, which is similar to assembly language.

Programming directly in assembly language is very painful; but programming in Ethereum does not require direct use of EVM language, but high-level languages ????such as C language, Python, Lisp, etc., and then converted into EVM language through a compiler.