<p>The author of this article, Vitalik Buterin, is also the founder of Ethereum, and this article is intended as an expository piece and not a review. Over the past year, there has been an increasingly large amount of discussion around so-called “Bitcoin 2.0″ protocols – alternative cryptographic networks that are inspired by Bitcoin, but which intend to make the underlying technology usable for far more than just currency. The earliest implementation of this idea was Namecoin, a Bitcoin-like currency created in 2010 which would be used for decentralized domain name registration. More recently, we have seen the emergence of colored coins, allowing users to create their own currencies on the Bitcoin network, and more advanced protocols like Mastercoin, Bitshares and […]</p><p>The post Ethereum: A Next-Generation Cryptocurrency and Decentralized Application Platform appeared first on Bitcoin Magazine.</p> January 23, 2014 at 06:02PM
