Ethereum – Not the second cryptocurrency but it’s still the best beside Bitcoin until now.

Firstly, Ethereum is a public network, a blockchain, and an open-source protocol. It is run, controlled, managed, and owned by a global community of tens of thousands of developers, node operators, ETH holders, and users.

History

Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine, came up with the idea for Ethereum in 2013. Buterin wasn’t happy with Bitcoin’s limitations, like the fact that it couldn’t run complex applications. He had an idea for a platform where anyone could make decentralised applications, or DApps.

Buterin and a group of other programmers started working on Ethereum in 2014. During an initial coin offering (ICO) in 2014, they raised more than $18 million. On July 30, 2015, the Ethereum network went live.

Since it came out, Ethereum has become one of the most popular blockchain platforms in the world. It is used to support a wide range of DApps, such as decentralised finance (DeFi) apps, non-fungible tokens (NFTs), and distributed applications (DApps).

Whitepaper of ETH

I said every cryptocurrency has a whitepaper, so here is the whitepaper for ETH:

Link: https://ethereum.org/en/whitepaper/

Difference between ETH and BTC

We don’t know who created Bitcoin. We just know he is Satoshi Nakamoto and nobody knows who he was.
Beside Ethereum (ETH), We know Vitalik Buterin and he is still involved in Ethereum project until now. So Ethereum can be decentralised currency. I don’t say it’s decentralised currency but maybe.

Finally, Ethereum is still the best blockchain project. If everything is okay, we can say ETH is the queen and BTC is the king in cryptocurrency in the future.