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What is ethereum?
Ether is the second most valuable form of digital money after bitcoin. The technology it runs on is called ethereum, which was first described by 19-year-old bitcoin programmer Vitalik Buterin in 2013.
Buterin envisaged ethereum as an improvement on bitcoin. Like bitcoin, it is a decentralised payment network, with its own cryptograpic currency, that allows anonymous payments to be sent across the internet without the need for a bank or other third party.
Transactions are stored in a decentralised ledger, the blockchain, and are visible for everyone on the network to see.

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