What is Ethereum (ETH)?

Ethereum is a decentralized blockchain with smart contract functionality. Ether ( Abbreviation: ETH; [a] sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software . Ethereum was conceived in 2013 by programmer Vitalik Buterin.

How much does Ethereum cost?

The current price is $1,834.92 per ETH. Ethereum is 62.49% below the all time high of $4,891.70. The current circulating supply is 120,165,838.287 ETH. This content is for informational purposes only. Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”).

What's the difference between Bitcoin and Ethereum?

Launched in 2015, Ethereum builds on Bitcoin's innovation, with some big differences. Both let you use digital money without payment providers or banks. But Ethereum is programmable, so you can also build and deploy decentralized applications on its network.

What is a node in Ethereum?

It exists whenever there are connected computers running software following the Ethereum protocol and adding to the Ethereum blockchain. Each of these computers is known as a node. Nodes can be run by anyone, although to participate in securing the network you have to stake ETH (Ethereum’s native token).