To fully understand what Ethereum is, you need to know a little about blockchain, a word that cryptocurrency followers have been taking for granted.
The easiest way to explain blockchain is with an analogy from your daily life. If cryptocurrency is e-mail, blockchain is the Internet.
What Is Ethereum?
At its basic level, Ethereum is a software platform based on blockchain technology. The platform allows for the building and deployment of decentralized applications.
Until very recently, building blockchain applications used to require significant resources and a specialized understanding of mathematics, coding, and cryptography. But, thanks to Ethereum and its tools to.