Ethereum in 25 Minutes

Ethereum is more than a simple altcoin. It provides a full, decentralized virtual machine that runs an operating system. The Ethereum platform, since its launch in 2015, introduced smart contracts to the crypto world. These smart contracts allow transactions to be performed and verified without needing to involve third parties. Using smart contracts, companies and individual users can program and schedule secure, efficient payments.

A lot of new companies are relying on smart contracts and they are the main reason Ether is currently the world’s number two cryptocurrency and its value isn’t expected to suffer any major drops in the near future.