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Ethereum, bitcoins biggest competitor, currently sitting at second in terms of market cap. Ethereum is an open platform that enables developers to build and deploy decentralized applications such as smart contracts and other complex legal and financial applications. You can think of Ethereum as a programmable Bitcoin where developers can use the underlying blockchain to create markets, shared ledgers, digital organizations, and other endless possibilities that need immutable data and agreements, all without the need for a middleman. Released in 2015, Ethereum is Founded by Vitalik Buterin, who saw the potential uses of Bitcoin’s underlying Blockchain trechnology as the next steps in furthering the expansion of the blockchain community. Ethereum can change the way we vote, transact in real estate, social networks, managing supply chains and social networks. Ethereum is here to decentralize the Internet.

Thank you for listening to episode 018 of Everything Crypto