I believe you meant to refer to "Ethereum." Ethereum is an open-source blockchain platform that enables the creation and execution of decentralized applications (DApps) and smart contracts. It was proposed by Vitalik Buterin in late 2013 and developed in 2014, with the network going live on July 30, 2015.

Ethereum differs from Bitcoin in that it is not solely a digital currency but also a platform for building decentralized applications. Its native cryptocurrency is called Ether (ETH), which serves as a means of value exchange within the Ethereum network.

Smart contracts are self-executing contracts with predefined rules encoded onto the Ethereum blockchain. These contracts automatically execute when specific conditions are met. They allow developers to create various applications, ranging from decentralized finance (DeFi) platforms, digital identity systems, decentralized exchanges, and much more.

Ethereum introduced the concept of a programmable blockchain, providing a decentralized platform for developers to build applications and execute code without the need for intermediaries or centralized control. It has gained significant popularity and has become one of the most widely used blockchain platforms, fostering innovation in the blockchain space.

Certainly! Here are more details about Ethereum:

1. Blockchain Technology: Ethereum is based on blockchain technology, which is a decentralized and distributed ledger that records transactions across a network of computers. It ensures transparency, security, and immutability of data.

2. Ether (ETH): Ether is the native cryptocurrency of the Ethereum network. It is used for various purposes, including paying for transaction fees, incentivizing participants, and serving as a store of value. Ether can be traded on cryptocurrency exchanges.

3. Smart Contracts: Smart contracts are self-executing contracts with the terms and conditions directly written into the code. They automatically execute actions once specific conditions are met. Ethereum introduced the concept of Turing-complete smart contracts, allowing developers to build complex applications and decentralized autonomous organizations (DAOs).

4. Decentralized Applications (DApps): Ethereum enables the development of decentralized applications or DApps. These are applications that run on the Ethereum blockchain, leveraging its decentralized nature, security, and consensus mechanisms. DApps can be built in various domains, including finance, gaming, supply chain, governance, and more.

5. Ethereum Virtual Machine (EVM): The Ethereum Virtual Machine is a runtime environment that executes smart contracts. It allows developers to write code in programming languages like Solidity and compile it into bytecode that can run on the EVM. This allows for the execution of complex computations on the Ethereum network.

6. Consensus Mechanism: Ethereum currently operates on a Proof of Stake (PoS) consensus mechanism called Ethereum 2.0, also known as Ethereum 2 or ETH2. In PoS, participants known as validators secure the network by staking their Ether as collateral. They are then randomly selected to propose and validate blocks. This transition from the previous Proof of Work (PoW) mechanism aims to increase scalability, energy efficiency, and security.

7. Ethereum Improvement Proposals (EIPs): EIPs are proposals for improvements and upgrades to the Ethereum network. They can introduce new features, standards, or enhancements. EIPs undergo a community review process, and if accepted, they can be implemented on the network through a network upgrade or hard fork.

8. Decentralized Finance (DeFi): Ethereum has become a prominent platform for decentralized finance (DeFi) applications. DeFi refers to financial applications built on blockchain that aim to provide open, permissionless, and decentralized alternatives to traditional financial services. Examples include decentralized exchanges, lending and borrowing platforms, yield farming, and stablecoins.

Ethereum continues to evolve and has a vibrant ecosystem of developers, projects, and community contributors. Its flexibility and programmability have made it a popular choice for building blockchain-based applications and experimenting with new ideas in the decentralized space.