Ethereum is an open-source, blockchain-based, decentralized software platform used for its own cryptocurrency, ether. It enables SmartContracts and Distributed Applications to be built and run without any downtime, fraud, control, or interference from a third party.

It is not just a platform but also a programming language (Turing complete) running on a blockchain, helping developers to build and publish distributed applications.

Source- http://cdn.statcdn.com/Infographic/images/normal/24795.jpeg

After Bitcoin, it is second largest Cryptocurrency by market capitalization. Ethereum is the most actively used blockchain.

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Ethereum is a decentralized software platform that enables SmartContracts and Distributed Applications; it is additionally a virtual currency.
Source- https://www.investopedia.com/terms/e/ethereum.asp

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