Ethereum is an open software platform based on blockchain technology which enables developers to build and use decentralized applications.
The Ethereum blockchain can run the programming code of any decentralized application.
In the Ethereum blockchain miners work to earn Ether.
Ether is a tradeable digital token that supports the network.
Application developers to pay for transaction fees and services on the Ethereum network.
Smart Contracts are developers on the Ethereum network.
Smart Contracts are computer codes that can facilitate the exchange of anything of value such as Content, Property, Money, Shares.
Smart Contracts run on the blockchain exactly as programmed without Censorship, Downtime, Fraud or Third party interference.
Ehtereum's core innovation is the Ethereum Virtual Machine(EVM), which makes the creation of blockchain applications much easier.
Many businesses are embracing the Ethereum network which led to the creation of the Enterprise Ethereum Alliance.
The Etherum network has suffered a few attacks but has shown resiliance and continues to grow.
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