What is Ethereum?


Ethereum is an open platform that enables developers to build and deploy decentralized applications.

The easiest way to think of Ethereum is as a programmable Bitcoin.

Ethereum allows participants to run decentralized blockchain applications called “Smart Contracts.”

Smart Contracts are highly secure and run with a perfect digital history, making them auditable, trustless and unstoppable.

These Smart Contracts can be programmed without any chance of downtime, censorship or fraud.

The Ethereum blockchain and Smart Contracts form a shared global supercomputer that can move value, represent ownership, transmit tokenized assets and digitize many complex financial applications.

This lets developers create markets, shared ledgers, digital organizations and much more – all without a middleman – and all immutable.

Much like what the internet did for information, Ethereum has the power to open up the financial system and build a safer, more accessible and fair economy for everyone.