 TITLE: What Is Ethereum and How Does It Work? CONTENT: Ethereum vs. Bitcoin: What's the Difference?\n--------------------------------------------\nEther and Bitcoin share similarities as they're both cryptocurrencies that you can use to purchase goods or services. Or, you may want to hold on to a cryptocurrency in the hope that it will increase in value. However, the Ethereum and Bitcoin systems differ greatly in many respects.\nBitcoin was created as an alternative to fiat currency—money minted and controlled by governments—while Ethereum is a platform.\nConsider the headline-grabbing non-fungible tokens (NFTs). An NFT is a unique token that represents ownership of a digital asset, such as a digital image or video. You never take physical possession of something purchased as an NFT, but that's not stopping people from paying astronomical prices for them. (In March, an NFT sold at auction for nearly $70 million.)\nMany NFTs are created and stored on the Ethereum blockchain. And, you can use Ethereum dapps to easily buy, sell and trade NFTs. Miners might receive Ether to help keep the decentralized network running and secure, but Ethereum is the entire ecosystem. END