Ethereum is an open blockchain platform that allows anyone to build and use decentralized applications that run on blockchain technology. Just like in the case with Bitcoin, no one controls or owns Ethereum – it is an open-source project built by many people around the world. On the other hand, unlike the Bitcoin protocol, Ethereum was designed to be adaptable and flexible. It is easy to create new applications on the Ethereum platform, and with the Homestead release, it is now safe for anyone to use those applications.
Official website: ethereum.org
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