|Bitcoin and Ethereum|
A new blockchain network that continues to gain strong interest is called Ethereum. Ethereum was founded by a programmer named Vitalik Buterin and it's blockchain launched in July of 2015. Ethereum has some similarities to Bitcoin and is being touted as another Bitcoin 2.0 project. Bitcoin is the older of the two networks, which began in January of 2009.
Ethereum works by utilizing smart contracts with a decentralized platform that runs on a public blockchain. Developers can create different applications and deploy them on the network. Ether is what fuels the Ethereum network and it is mined similar to Bitcoin. Ether is currently valued at $11.59 per ETH. Ether has seen a tremendous bump in price since roughly three months prior when it was trading in the $2-$3 range. Since then, more and more exchanges are now offering Ether. Additionally, many companies and businesses are experimenting with this new technology. Impressively, Ethereum currently holds the second largest cryptocurrency market capitalization behind none other than Bitcoin. Below is a market cap comparison of Bitcoin vs. Ethereum: