What Is Ethereum and How It Works People often put Ethereum and Bitcoin together, but they are really two different things. Ethereum isn't just digital money; it's more like a huge, open-source computer that is spread out all over the world. Vitalik Buterin and his co-founders started it in 2015 with the goal of making it a place where anyone could build apps, trade value, and connect with others without needing banks or companies. Ether (ETH) is its fuel, and it's the cryptocurrency that keeps everything going. Beyond Currency: The Foundation of Web3 People frequently state that Ethereum is the backbone of Web3, which is the idea of a more decentralized internet. With decentralized finance (DeFi), people can borrow and trade money without banks. NFTs give creators digital ownership of their work, and groups try out new ways to run things. Remember that it's not "money," but a place where new ideas can grow. Discover more:https://www.cryptobulletinnews.com/what-is-ethereum-and-how-it-works/