Ethereum (ETH) is an novel blockchain network, that produced in 2015, which implemented as a cryptocurrency. It has the second major market capitalization of all the cryptocurrencies, though it’s a faraway second to Bitcoin which is 19 times more substantial.. Although Bitcoin was developed as a currency, to be used like regular money, Ethereum is also a platform and programming language that can be used to build and run applications on. As such, Ethereum has different considerations.
Miners, who give computing power either towards the creation of new blocks or the processing of transactions, are paid with new crypto-tokens called ether. Ether can be traded and used to run applications. As a tradable tool, Ethereum has done well and has grown into the biggest altcoin on the market. Ethereum units can be bought or sold against other cryptocurrencies or fiat currencies like the USD or the EUR.
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