Ethereum (ETH) was created to solve the problems associated with the limitations of Bitcoin. While Bitcoin is purely for transactions and decentralized payments, Ethereum provides a platform for creating smart contracts and decentralized applications (dApps).

Created by Vitalik Buterin in 2014,
The Ethereum network has become the first platform that allows developers to create their own tokens and rooftop applications. This has opened the door to economic development projects such as NFTs (non-fungible tokens), DeFi (decentralized finance) and others.