Ethereum cheat sheet: Everything you need to know

One of the most popular cryptocurrencies, Ethereum has more tricks than just cash value up its sleeve: it’s also fuel for building computer applications.

Cryptocurrency: It’s a word that anyone who spends any time online is sure to have heard of by now. Decentralized digital cash like Bitcoin has made cryptocurrency, and by extension the blockchain, a hot topic for discussion, and the cryptocurrency known as Ethereum is one of the hottest.

But Ethereum isn’t technically just another cryptocurrency—it’s a whole decentralized computer network powered by a cryptocurrency called Ether. Instead of just being an alternative to the dollar, euro or pound, Ether has a specific application.

Ether can be traded for its cash value, and it is one of the most highly valued cryptocurrencies. But to simply call it a cash alternative misses out on a lot of what it’s actually for.

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