Ethereum is an open-source, decentralized, and blockchain-based software platform with Smart Contracts and Distributed Applications functionality. ETH or Ether is the local cryptocurrency of this platform. Right now Ethereum is the most widely used blockchain in the world. After Bitcoin, Ethereum is the second-largest cryptocurrency in the world by market capitalization. It was launched in 2015. It is somewhat similar to Bitcoin but has several differences too. As the use of Ether to approve transactions and maintain a blockchain is similar to Bitcoin. While Bitcoin is a form of digital money, Ethereum is a smart contract platform that allows leveraging blockchain tech to create numerous digital ledgers and can be used to create cryptocurrencies that run on top of the blockchain. Ether(ET
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