What is Ethereum and how does it work?
Ethereum is a blockchain-based software platform for which the cryptocurrency called Ether was created. Ethereum is used for developing, using smart contracts and distributed applications.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: What is Ethereum and how does it work?

### Response: Ethereum is a blockchain-based software platform for which the cryptocurrency called Ether was created. Ethereum is used for developing, using smart contracts and distributed applications.