Ethereum

Ethereum is a open-software platform that is operating using blockchain technology co-founded by Vitalik Buterin. Ethereum was released 2015. Ethereum gives a cryptocurrency called "ether" that can be moved from different accounts. While Bitcoin was designed for consumer payments, Ethereum was designed to allow for more complex party interactions called Smart contracts. These can be defined using Solidity.

Ethereum ERC Tokens

An Ethereum based token is a fungible tradable asset that operates on Ethereum's blockchain. The Ethereum Request for Comments (ERC) for tokens is a way of describing a set of functions and rules that the token should posses and follow. The three most common standards can be seen here:

Token Standards

• ERC20
• ERC223
• ERC721

See Also

• KredCoins
• dApps
• Bitcoin
• Cryptocurrencies
• Mining

Resources

• Ethereum main site
• MetaMask Chrome plug in that allows It allows you to run Ethereum dApps right in your browser without running a full Ethereum node