In 2013, young talented programmer Vitalik Buterin was inspired by Bitcoin and put forward the concept of "the next generation of cryptocurrency and decentralized application platform", which is the embryonic form of Ethereum. In 2014, Vitalik Buterin obtained funds through crowdfunding and began to develop the Ethereum project. Ethereum and Bitcoin are also open source public blockchain platforms that do not require the participation of centralized institutions. Currently, people also need to use computer mining to participate in maintenance and receive Ethereum digital currency rewards. The difference with Bitcoin is that Ethereum has smart contract functions, so people can easily create a public chain based on Ethereum.