What is Ethereum in simple words
Without delving into details, to explain in simple words, Ethereum is a universal distributed system of smart contracts based on blockchain technology.
It is not a cryptocurrency at all, as many people think.
The cryptocurrency used for the operation of programs created on the basis of Ethereum is called Ether.
How does Ethereum differ from Ether?
Ethereum is a blockchain system. It can be used to create any service or program. Ether (ETH) is the token used to transfer data within this service. Just like conventional currency or securities are used in the traditional financial system with banks and exchanges.
A token is essentially a unit of information.
Despite the periodic ups and downs of the Ethereum exchange rate (which is characteristic of all cryptocurrencies), the growth trend still remains positive.
Continued market interest in currency No. 2, large capitalization and volume of transactions.
Therefore, it is a good crypto to invest.