To begin you should understand the basics of what blockchains are by watching the video below.

If you have already learned what blockchains are then great!

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Ethereum is basically a system powered by blockchain technology and Ether is the cryptocurrency like Bitcoin that's used in the Ethereum system.

But what makes Ethereum different from Bitcoin?

Ethereum is a platform for the creation of decentralized applications (Dapps), using something called smart contracts, or bits of code that automatically execute an action after certain requirements have been met—say, sending a slice of an app’s profits to investors after a predetermined date has passed.

Bitcoin has smart contracts too, but Ethereum makes them really easy to use since they’re baked into the system’s design.

Smart Contracts are:

Immutable — once they're implemented the code can't be changed

Distributed — operating on a decentralized ledger technology

Crowdfunding sites like Kickstarter and Indiegogo uses concepts similar to smart contracts. The public pledges money to a product, person, or service with the condition that the project is fully funded.

Money is circulated with the site acting as the middleman between the funders and the project owners. Therefore, the money is still safe and cannot be intercepted.

"Well... what the Ether Card contains is pretty much self-exaplanatory."

— Jed

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