What is ethereum and how does it differ from Bitcoin? 

Ether
The ethereum cryptocurrency Credit: Bloomberg

Ethereum is a rising star in the cryptocurrency world. It has quickly become the second largest digital currency in just over two years, booming in value and spurring the rise of hundreds of new rivals to Bitcoin.

Launched in 2015, the value of ether (ethereum's currency) has increased rapidly. It hit highs of $1400 in January before showing intense volatility, slumping to less than $400 and then rebounding to about $700.

But to put it all in context, last year saw near continual growth in cryptocurrencies like Bitcoin and Litecoin. Ethereum started the year trading for about $10 per coin.

What is ethereum?

Ether is the second most valuable form of digital money after Bitcoin in terms of market...

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