Ethereum is a currency platform to support Ether cryptocurrency (ETH). More precisely, it is a decentralized software platform based on blockchain technology.

Ethereum was the first platform to introduce Smart Contract - a digital form of a traditional contract, guaranteeing benefits for all interested parties (even with a low level of trust). Ether blockchain is generated by the Ethereum platform.

Thanks to the decentralized peer-to-peer network, Ethereum users can create new tokens based on blockchain technology. The CCX ERC20 token is based on this platform.

Like Bitcoin, Ethereum operates based on a decentralized network that enables anonymous online payments without the need for a bank or other third party. It also provides a decentralized virtual machine - Ethereum Virtual Machine (EVM), which can execute scripts using an international peer-to-peer network.