Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. This enables developers to create markets, store registries of debts or promises, and much more, all without a middle-man. It is a blockchain with its programming language, called Solidity, which allows developers to create smart contracts.
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- The First Version of Ethereum’s Casper Upgrade Has Been Published: Yesterday, a new version of the code behind Casper, a planned change to the way the Ethereum network reaches consensus, has been published for wider scrutiny by auditors and client developers. For now, the first version of Casper has to be audited and once implemented it will alter Ethereum’s software so that updating the blockchain involves a combination of proof-of-work and proof-of-stake. Since Casper FFG isn’t compatible with earlier versions of Ethereum, the network will need to hard fork, however, there isn’t an official date yet. [may 9, 2018, source].