The current price of Ethereum is $196.96.
Ethereum is a decentralized platform that powers applications that run exactly as programmed without the need for intermediaries and the possibility of downtime, censorship, fraud. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
These applications are called smart contracts, a powerful shared global infrastructure that is suited to be a medium of exchange as well as a representation of property or data ownership.
Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. The crowdsale took place between July and August 2014, which funded the development of the project. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
Some would say Ethereum is the next best thing while others would say it will never surpass Bitcoin. Nevertheless, no one can deny that Ethereum is global powerhouse that has spawned more than a thousand independent projects on top of its blockchain such as TRX, BNB, VEN, OMG, Cryptokitties, Etheremon, ForkDelta, and many more.