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What is Ethereum? Ethereum for Beginners

What is Ethereum? Ethereum for Beginners

What is Ethereum?
Many people ask the question ‘What is Ethereum?’ but not many people have the answer – or at least, not the answer that is comprehensible to the average reader. We’re going to simplify and explain, step by step, what Ethereum is and how it works. If you’re new to the cryptocurrency world, you’re in the right place, we’re just going to cover the basics.

The first thing to establish about Ethereum is that it is a form of online currency – cryptocurrency. Users are transferring it from one place to another, and every transfer, transaction, and …
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