$ETH It would be a mistake to define Ethereum as a cryptocurrency or to confuse it with Ether, a cryptocurrency of the Ethereum system. Ethereum was created as a platform that has the capability for users to create programs without the involvement of intermediaries, including central servers to store information, which exposes them less to the abuses of intermediaries and authorities. Ethereum came into effect on July 30, 2015, and is the second most important currency in the market with a capitalization of 45 billion dollars.