Ethereum is an open-ended decentralized platform that runs smart contracts and distributed applications. These applications can run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. This technology introduced in 2014 will advance the entire blockchain industry due to its’ speed and versatility. Compared to Bitcoin, Ethereum's blocks can be confirmed in seconds compared to minutes with Bitcoin. Both are still public distributed ledgers, while using cryptography to keep private information confidential.