What is Ethereum
Ethereum is more than just another blockchain network. It is an open-sourced blockchain system with its cryptocurrency known as Ether (ETH) and a platform for other cryptocurrencies. Ethereum also added the execution of decentralized smart contracts.
It originated in a 2013 whitepaper by Vitalik Buterin but went live on July 30, 2015. Its main goal is to allow users worldwide to write and run software censorship-resistant and has no downtime. Ethereum initially used the proof-of-work (PoW) consensus algorithm, but with the release of Ethereum 2.0, it is slowly moving to proof-of-stake (PoS).