Ethereum is much more than just a cryptocurrency. Bitcoin is primarily a digital currency, but Ethereum is a whole decentralized platform that runs smart contracts. Its cryptocurrency, Ether (ETH), is just one part of it.

Decentralized platform? Smart contracts? You’ve already lost me.

Wait, programs? What kind of programs are we talking about?

Okay, let me simplify. Ethereum is like a giant, global computer that anyone can use. It’s not owned by a single company or government. And smart contracts are self-executing programs that run on this computer.