What is Ethereum?
Launched in July of 2015, Ethereum is one of the world’s leading programmable blockchains with two basic functions: a blockchainA blockchain—the technology underlying bitcoin and other c... More that can record transactions, and a virtual machine that can produce smart contractsWhat are smart contracts? A smart contract is a computer pro... More. This programmability allows developers to build decentralized applications (DApps) off its smart contract technology, unlike BitcoinBitcoin is a digital currency (also called crypto-currency) ... More, which can only be used as a payment system. Examples of DApps built on the Ethereum network include, but are not limited to:
- ERC-20 tokensWhat are ERC-20 tokens? ERC-20 tokens are tokens designed an... More that can function as a currency, a share in a company, points in a loyalty program, or even proof of ownership
- CryptocurrencyA cryptocurrency (or crypto currency) is a digital asset des... More wallets
- Financial applications
- Decentralized markets
- Games where you own in-game assets or actual currency