In short, Ethereum is similar to the blockchain version of Android and iOS systems, a blockchain APP platform. Ethereum is a global open source platform for decentralized applications (DApp). The name comes from Ether and the suffix ruem (Greek meaning is "oil")

Ethereum is more effective than pure cryptocurrency. Through Ethereum, users can create any decentralized application (i.e. DApp) and smart contract. Theoretically, programmable Ethereum can be used for any economic or governance activities.

Four years after the birth of Bitcoin, a 19 year old young man conceived a new platform based on this system and tried to completely change the Internet. He is Vitalik Buterin, a programmer from Toronto, the father of Ethereum and a gifted youth, referred to as God V.

Thanks to the blockchain technology, Ethereum does not have a central server, so there is no possibility of the APP running on Ethereum crashing, crashing, data leakage, or even being shut down! Like blockchain, it is also distributed and decentralized, so it is also called Distributed Application (DApp)

Bitcoin and Ethereum are showing signs of exploding after coming under immense selling pressure earlier this year.

Ether is the other mainstream currency alongside Bitcoin. Among the thousands of virtual currencies, Ethereum has the second largest market capitalization in the world, after bitcoin.