·3 min read
Ethereum is considered to be one of the most popular cryptocurrencies out there, it’s supposed to be as popular as bitcoin, although its price may not even come close to bitcoin it still powers some of the most prominent digital applications. In this article, we will be going in-depth on what it is.
“Ethereum has taken what was a four-function calculator of a programming language in Bitcoin and turned it into a full-fledged computer.” — Fred Ehrsam
So what is it?
Ethereum is an open-access, data-friendly, digital currency, and community-built technology. Its features include access to banking for everyone, a more private internet, a peer-to-peer network, censorship resistance, a commerce guarantee, and better compatibility.
Banking for everyone
The fact is that not everyone has access to financial tools or banks, Ethereum removes this flaw by allowing everyone to be able to