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Ethereum is one of the most interesting projects in cryptocurrency, and Ether ETH is the third most valuable cryptocurrency in the market, after Ripple XRP and Bitcoin BTC. (Note: “
Ether” is the name of the cryptocurrency, and Ethereum the network. We will occasionally use these interchangeably when describing the cryptocurrency, because that’s what almost everybody does anyway).
Ethereum is more than a simple cryptocurrency. Though Ether is used as money everyday,
Ethereum itself is a smart contract platform. Smart contracts are ways to use algorithms and other autonomous coding techniques to perform actions on the internet. They’re like little virtual robots, doing work like they’re programmed to do, comprising applications and user experiences of all kinds.