To read the full article about “What is Ethereum? What is the Ethereum Blockchain?”, visit: https://www.ethos.io/what-is-ethereum/
The Ethereum Blockchain is an open platform that enables developers to build and deploy decentralized applications.
The easiest way to think of what is Ethereum, is as a programmable bitcoin [BTC].
Ethereum allows participants to run decentralized bitcoin [BTC] 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 bitcoin [BTC] 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.
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