Ethereum is a decentralized blockchain platform with a native token called ether (ETH) that supports various distributed apps and smart contracts. It is an open-source software that enables the creation of self-executing contracts with code and data stored on the blockchain. Ethereum is the second-largest cryptocurrency by market capitalization and is known for its innovation, security, and scalability, making it a hub for blockchain development.
Marketcap
$396.14B
Total number of Ethereum
120501725 ETH
The native cryptocurrency of the Ethereum platform is ether (ETH).
Ether (ETH) is used to pay for computations on the Ethereum network and to compensate validators for processing transactions and executing smart contracts.
The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts on the Ethereum blockchain.
Ethereum is a platform for smart contracts and decentralized applications, while Bitcoin is primarily a digital currency.
Yes, Ethereum provides a platform for creating decentralized applications (dApps) and smart contracts.
Ethereum currently uses a proof-of-stake (PoS) consensus mechanism.
Potential use cases of Ethereum include decentralized finance (DeFi) applications, gaming, non-fungible tokens (NFTs), and smart contracts.
Yes, Ethereum is an open-source software.
The market capitalization of Ethereum is $396140685336
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