Introducing Ethereum

Ethereum is a blockchain-based system with special scripting functionality that allows other developers to build decentralized and distributed applications on top of it. Ethereum is mostly known among developers for the easy development of decentralized applications. There are differences between Ethereum and blockchain. The most important difference is that Ethereum blockchain can run most decentralized applications.

Ethereum was conceptualized in late 2013 by Vitalik Buterin, cryptocurrency researcher and developer. It was funded by a crowd sale between July and August 2014. Ethereum has built-in Turing, a complete programming language, that is, a programming language meant to solve any computation complexity. This programming language is known as Solidity and is used to create contracts that help in creating decentralized applications on top of Ethereum.

Ethereum was made live on July 30, 2015, with 11.9 million coins pre-mined for the crowd sale, to fund Ethereum development...