Ethereum: An Introduction
Ethereum a decentralized information storage network used to independently run applications without intermediaries through a blockchain. More importantly, however, is that Ethereum executes code in a Turing-complete Virtual Machine. If Ethereum were not Turing-complete it would not be successful in it’s goal: to create a protocol used for smart contracts, decentralized autonomous organizations (ie: long term smart contracts), and decentralized applications. It seeks to solve bitcoin’s problems by creating a protocol that is aware of it’s value, the blockchain, and it’s current/previous state(s). Video by Benjamin Cowen.
