EthereumETH
$ 1,771.89
0.06348812 BTC
Marketcap
$ 213,554,895,230
Volume (24h)
$ 8,760,683,034
Circulating Supply
120,456,467 ETH
Total Supply
120,456,467 ETH
Ethereum price history
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* Currency in USD
| Date | Open | Close | High | Low | Volume |
|---|
| # | Source | Pair | Volume | Price | Change | Updated |
|---|
- OpenAI introduces plugin feature for internet interactioncrypto.ro global - 1 day agoOpenAI has recently announced the introduction of a new plugin feature for its artificial intelligence (AI) chatbot, ChatGPT-4. The feature, currently in its limited alpha…
- Binance temporarily suspends spot tradingcrypto.ro global - 2 days agoBinance, one of the major global cryptocurrency exchanges, announced today that it has temporarily suspended all spot trading on its platform as a result of…
- Top 5 upcoming crypto projects with potential airdrop opportunities in 2023crypto.ro global - 2 days agoThe recent airdrop of Arbitrum’s governance token (ARB) to eligible users and DAOs on the Ethereum layer-2 platform has drawn attention to the potential benefits…
- Suspected Terra Luna co-founder, Do Kwon, arrested in Montenegrocrypto.ro global - 3 days agoFilip Adzic, Minister of the Interior of Montenegro, announced today the arrest of an individual suspected to be Do Kwon, the co-founder of Terraform Labs…
- European crypto startups raise record $5.7 billions in 2022crypto.ro global - 3 days agoIn a year marked by a bearish crypto market and numerous high-profile scandals, European crypto startups managed to defy the odds and attract record levels…
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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 involved 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 are the basis for running scripts in the Ethereum virtual machine. By developing "smart contracts", Ethereum made it possible to sign tokens that have a specific function other than being a medium of exchange and expanded the capabilities of blockchain "transactions".
Its key cryptocurrency is Ether, which is typically used for payments in smart contracts or dApps. In addition, Ethereum is also powered by GAS, a cryptocurrency associated with operations that require some sort of computation from its nodes. The price of GAS is proportional to the type of computing power required to execute a task. Therefore, a fee is included in GAS to pay the nodes that run or authenticate a transaction.
Originally, Ethereum used proof of work to reach consensus. However, the Casper protocol moved the Ethereum consensus from PoW to a custom proof-of-stake protocol.
