What is Ethereum?
Ethereum is a cryptocurrency that's really an application to build ontop of via smart contracts. Ethereum was launched July 30th 2015 by Swiss company " Ethereum Switzerland GmbH (EthSuisse ) " a non profit foundation that funded the development by online public crowdsales furing July - August of 2014. However the original white paper for Ethereum was written by Vitalik Buterin a programmer involved with Bitcoin in late 2013, he saw the writing on the wall and wrote about how Ethereum could benefit many for application development. The 1st version of Ethereum was called " Frontier " which was using a proof of work algorithm and was expected to change to a proof of stake algorithm at a later date.