Ethereum is Born
Bitcoin began to pick up steam and gain more popularity over the years. However the cool blockchain technology was limited to sending and receiving the Bitcoin virtual currency.
Then in 2015 a team thought, “what if we could use this technology of blockchain for more than just sending Bitcoin?” You can use this technology to verify almost anything, create any type of currency and program conditions into the system so that money can only be sent on certain occasions, similar to how Netflix charges a subscription every month.
They named this new blockchain Ethereum, a next generation blockchain which allows people to build applications and different utilities on top of the blockchain to get access to its speed and safety. Ethereum is faster and more adaptable than the Bitcoin blockchain.