Ethereum has been around since 2014, and has been in the news more recently because of its rapid rise in value. The idea behind Ethereum is to create a new platform for decentralized applications (DApps). This means that instead of having to use a third party such as Google to run an application, you can run it on the Ethereum blockchain.

This is similar to how you would run an application on the Internet. Instead of using a third party server, you can use the internet itself. This has many advantages. For example, if your application requires high security, then you don’t have to worry about a third party server being hacked. It also makes the applications available to everyone, regardless of where they live. This means that there will be no need to pay high fees for running the application.

Another advantage is that you can build an application without having to learn how to program. All you need to do is write a smart contract, which is a computer code that is designed to run on the Ethereum blockchain. Once the code is written, it can be sent to the blockchain, and the DApp will be created.

There are some disadvantages to this method. For example, if your DApp uses a lot of resources, then it may not be possible to run it on the Ethereum blockchain, as it will require too much computing power. Also, if your DApp involves people sending money from one account to another, then you need to ensure that you can provide security for all the transactions.

In terms of value, Ethereum is still very young. However, it is already trading at a higher price than Bitcoin. This means that if you invest in Ethereum now, you should expect to see a large increase in value in the future.