Welcome to the Ethereum 101 section. We will cover some basic information and talk about a few important points that you need to consider when using Ethereum.
Ethereum is an open-source, publicly-distributed ledger protocol with the capability to create decentralized applications. Ethereum allows for the creation of Smart Contracts, which are contracts that are automatically executed by a blockchain.
Ethereum was invented by a 19-year old Russian-Canadian programmer named Vitalik Buterin in 2013 and released as open source software in 2015. The idea behind Ethereum is to use it as a platform where people can trade anything, and not just cryptocurrencies.