EthereumETH
EthereumRank: # 2
Market Cap: $ 304,834,237,229
Volume (24hrs): $ 18,574,758,187
Circulating Supply: 120,720,493 ETH
Price in BTC: Ƀ 0.02405313
Change (1 Hr): 0.07%
Change (7 Days): -8.53%
Change (30 Days): -1.58%
All Time High: $ 4,878.26
All Time High Date: November 10, 2021
Ethereum Coverter:
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$ 2,525.050.52%
Ethereum Coverter:
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$ 2,525.050.52%
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Ethereum Chart
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* Currency in USD
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- Pacific nation Nauru passes law to establish a crypto regulatorCointelegraph.com News - 23 minutes agoThe brother of former FTX CEO Sam Bankman-Fried once plotted to buy Nauru and build a doomsday bunker using funds from the now-defunct crypto exchange.…
- Bitcoin to Ether shift going unnoticed with ‘bear market PTSD’ — TraderCointelegraph.com News - 25 minutes agoA crypto analyst says the altcoin season “we are all craving for” now hinges on Ether doing better and showing strength. Crypto market interest is…
- Ohio House passes bill allowing up to $200 tax-free crypto paymentsCointelegraph.com News - 26 minutes agoOhio’s House passed a bill to legally insulate various crypto activities, such as mining and staking, and exempt some transactions from capital gains tax. Ohio’s…
- Need ChatGPT’s help? It could be making you dumberCointelegraph.com News - 36 minutes agoMIT research has found heavy use of ChatGPT impairs memory, lowers brain engagement and may hinder learning by replacing critical cognitive processes. Artificial intelligence chatbots…
- US Bitcoin ETFs hit 8-day inflow streak despite Middle East tensionsCointelegraph.com News - 1 hour agoThe spot Bitcoin ETFs recorded their eighth straight day of inflows as early market panic from the Israel-Iran conflict appears to be cooling off. US-based…
What is Ethereum?
Ethereum is a decentralized operating system. The platform introduced, in practice, the concept of "decentralized applications". Its founder, Vitalik Buterin, has been engaged in the development of blockchain and Bitcoin since its inception.
Today, several cryptocurrencies are issued in ICOs using Ethereum. These tokens are called ERC-20, and they are the foundation for running scripts in the Ethereum Virtual Machine. Through the development of "smart contracts", Ethereum made it possible to sign tokens that have a specific function besides being a medium of exchange and broadened the capabilities of blockchain "transactions".
Its key cryptocurrency is the Ether, which is usually used for payments in smart contracts or dApps. In addition, Ethereum is also fueled with GAS, a cryptocurrency associated with operations that require some kind of computation from its nodes. The GAS price is proportional to the type of the computational power required execute a task. Therefore, a fee in GAS is included to pay for the nodes running or authenticating a transaction.
Originally, Ethereum used proof-of-work to reach consensus. The Casper protocol, however, gradually shifted Ethereum consensus from PoW to a custom proof-of-stake protocol.
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ETH
Ethereum
- EUR
- USD
- GBP
- 2.199,12 €
- $ 2,525.05
- $1,880.27