Blockchain technology
Blockchain is a trusted distributed ledger that maintains a continuously growing number of transactions and data records.
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An awesome breakdown on Ethereum and smart contracts. It was a very informative read!
If I'm not mistaken that would mean Ethereum is essentially a distributed supercomputer that can be programmed, with the added benefit of having a cryptocurrency?
Thank you for your feedback) Ethereum is a Blockchain-based platform that provides tools for creating smart contracts and decentralized applications.
Also, it has its own cryptocurrency called Ether, that can be transferred between accounts, traded on digital currency exchanges, and used to make payments for transaction fees and compensation of participant nodes for completed computations.
What’s more, third-party developers have the ability to build their own applications that live on the network and can charge ETH to generate income.
Noteworthy, that Ethereum is the most famous and successful ICO (Initial Coin Offering, a new fundraising tool for cryptocurrency startups) project, introduced by Vitalik Buterin.