“The bitcoin digital currency is driven by open source software that runs across thousands of machines around the globe. Borrowing code from this rather clever piece of software, independent hackers have already built applications such as the Twitter-style social network Twister, the encrypted e-mail alternative Bitmessage, and the unseizable domain name system Namecoin. But Buterin believes that many other applications can benefit from the genius of the bitcoin software. He envisions Ethereum as an online service that lets you build practically anything in the image of bitcoin and run it across a worldwide network of machines.”
http://www.wired.com/wiredenterprise/2014/01/ethereum/
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