Ethereum is one of the oldest blockchain flavors and has provided platforms with a way to customize a system. Bitcoin aims to disrupt the current payment system and online banking with its own consensus mechanism, whereas Ethereum is in the midst of decentralizing the existing computer system since it works heavily on the client-server model.
Ethereum
History
In 2013, Vitalik Buterin, a 22-year-old programmer involved in Bitcoin, first described Ethereum in a whitepaper. In early 2014, a Swiss company called Ethereum Switzerland GmbH developed the first Ethereum software. In June 2016, decentralized autonomous organization (DAO) was hacked by an anonymous group, sparking significant debate in the crypto-community...
