What is Ethereum (ETH)?

Ethereum itself is a blockchain technology platform that supports a wide range of decentralized applications (dApps), including cryptocurrencies. The ETH coin is commonly called Ethereum, although the distinction remains that Ethereum is a blockchain-powered platform, and ether is its cryptocurrency.

How did the 'otherside' NFT minting frenzy affect Ethereum?

The weekend’s Otherside NFT minting frenzy resulted in the Ethereum network destroying more ETH than it issued. A scene from the Yuga Labs "Otherside" promo video.

What happened to Ethereum?

One notable event in Ethereum’s history is the hard fork, or split, of Ethereum and Ethereum Classic. In 2016, a group of network participants gained majority control of the Ethereum blockchain to steal more than $50 million worth of ether, which had been raised for a project called The DAO.

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).