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Ethereum (ETH)

$2,618.90

-1.75%

24hr Low $2,606.39 24hr High $2,684.74

Everything you need to know about Ethereum

Ethereum began life in 2013 by software developer Vitalik Buterin. Additional founders also include other prominent names in the Crypto industry; Gavin Wood, Charles Hoskinson (now with Cardano / ADA), Anthony Di Iorio and Joseph Lubin. After a couple of years of development and funding, it went live on 30 July 2015.

Ethereum is a crypto that is much more than a currency. It enables the building and deploying of smart contracts and decentralized applications (dApps) via its network.

In 2022, ETH transition from PoW to PoS.

Critics often refer to Ethereum's high gas fee.

Frequently asked questions
What can Ethereum be used for?

Ethereum is used for various applications like decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, and more. Its flexibility and smart contract capability make it suitable for a wide range of decentralized applications.

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Is Ethereum network anonymous?

Ethereum itself is pseudonymous, not anonymous. While transactions don't include real-world identities, they are all public and traceable. There are, however, some privacy-focused projects and layer 2 solutions are being developed to enhance privacy on the Ethereum network

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How does Ethereum differ from Bitcoin?

While both Ethereum and Bitcoin are blockchain-based cryptocurrencies, Ethereum is more than just a digital currency. It allows for complex contracts and decentralized applications (dApps) through its smart contract functionality, which Bitcoin has limited support for. The founders are also publically known.

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