Created in 2014, Ethereum (ETH) is an open software platform that runs on blockchain technology. The Ethereum (ETH) Network is decentralized and relies on peer to peer networking to facilitate token transactions - using Ethers - and/or run smart contracts.
Created with the function of smart contracts on top the blockchain, Ethereum (ETH) seeks to act as a 'global computer' where anyone can develop and deploy decentralized applications.