Both Bitcoin and Ethereum are often compared to each other, but, the two were designed with different vision and goals. Bitcoin is an established cryptocurrency used for trading, Ethereum is a multipurpose platform with its digital currency as the fuel for smart contracts functionality.. But what is Ethereum and what future does it hold for our society, here’s a run-through. Disclaimer: Being a cryptopreneur does not mean am also a qualified investment adviser, and may not have a vested interest in some projects, or businesses mentioned here. None of the content(s) ... What is Ethereum? According to the Ethereum website, “Ethereum is a decentralized platform that runs smart contracts.”This is an accurate summary but in my experience when first explaining Ethereum to friends, family, and strangers it helps to compare Ethereum to Bitcoin since a lot of people have at least heard about Bitcoin before. Ethereum is a global, decentralized platform for money and new kinds of applications. On Ethereum, you can write code that controls money, and build applications accessible anywhere in the world. After months of hard work from the eth2 research team, along with Consensys and DeepWork Studio, we’re happy to announce the release of the eth2 validator launchpad (testnet version).. We’re releasing it now so that you can keep track of, and make deposits into, the upcoming Medalla multi-client testnet.But we’ll continue to fine-tune the interface in the run-up to mainnet launch.
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