Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines as the cryptocurrency world’s new how is ethereum traded thing soared in value. But what exactly are ether tokens and Ethereum? And how is it different than bitcoin?
We’ve broken it down for you. The reason you’ve been hearing about bitcoin for years, but Ethereum only recently, is that the latter was only developed two years ago while bitcoin’s been around for almost eight years. The Moscow native began working on Ethereum after he dropped out of college, according to CNBC. They’re built on a technology called blockchain.