Ethereum is a distributed application based on Blockchain Technology. That does not answer all questions.
I found many blocks that manages to compare and contract Ethereum and Bitcoin and praises possibilities with Ethereum but in nutshell it's an engine that can rotate an axle.
From rotating axle you can build factories, trains, cars or anything else, but you need an engine, that's Ethereum.
Explaining more with examples Ethereum will be used as Platform for digital currencies, distributed ledger simply anything that needs event log / ledger / daily diary / log book.
Security, distributed nature etc can very well be achieved with other Peer to Peer technologies.
I found many blocks that manages to compare and contract Ethereum and Bitcoin and praises possibilities with Ethereum but in nutshell it's an engine that can rotate an axle.
From rotating axle you can build factories, trains, cars or anything else, but you need an engine, that's Ethereum.
Explaining more with examples Ethereum will be used as Platform for digital currencies, distributed ledger simply anything that needs event log / ledger / daily diary / log book.
Security, distributed nature etc can very well be achieved with other Peer to Peer technologies.
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