Ethereum is a global, open-source platform for running decentralized applications (dApps). It was created back in 2013 and is one of the most popular blockchains or Distributed Ledgers in existence.

Ethereum has gone through multiple evolutions or forks since 2013 with the goal of making the system more secure and efficient. Each time there is a fork your applications dApps, smart contracts and nodes may need to be tested to ensure continued compliance with Ethereum.

Ether (ETH) is one of the largest cryptocurrencies in existence and is associated with the Ethereum chain. ETH has a market cap of over $413 billion USD$; each ETH coin costs about $3,514 as of October 13, 2021.

There are many well-known applications that run on the Ethereum chain:

• BlockFi is a financial services application built on Ethereum.
• CryptoKitties is one of the more well-known applications and was so popular at one point it greatly slowed down the Ethereum chain.
• Brave is a mobile browser for your phone. Brave has a monetary ecosystem and tokenization associated with using the browser.
• dApps or distributed applications are a common application method on the Ethereum chain.

While BTC or bitcoin gets a lot of the press, ETH or ether gets a lot of the work done. There are hundreds of applications and services running on Ethereum and thousands of programmers worldwide are building on it and contributing to the public code base around Ethereum.

Ethereum is a global, open-source platform for running decentralized applications (dApps).