Top 10 Ethereum Mobile Casinos

Ethereum is characterized by its unique nature as it is a completely decentralized system, meaning not controlled by any one specific entity and it is fully autonomous. It was created in 2013 by a cryptocurrency developer and then sold in the form of crowd selling later in 2014.

Though many people confuse and compare Bitcoin with Ethereum, they are in fact not comparable at all. Ethereum leveraged the technology used to power and create Bitcoin and vastly expanded its capabilities and functionality. It is not a cryptocurrency, but an entire network with its own characteristics and autonomous governance.

Vitalik Buterin is the brains behind Ethereum. He first noted and put his idea on paper (quite literally) in a white paper that was only seen by and shared with a few friends. When these friends shared with other friends, interest started to be peaked in developing the concept

It took about a year to get the project out in front of the public. It was first presented at a Bitcoin conference in January 2014 by Buterin and some of those who helped him develop the concept. A few months after the announcement, a crowd sale occurred to help fund the idea.