Wednesday, April 22, 2020
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Ethereum is a cryptocurrency Coin. Can be bought at exchanges and from other people, it can also be obtained by mining (Ethash) The current price is $588.
Ethereum is a global, open-source platform for decentralized applications. On Ethereum, you can write code that controls digital value, runs exactly as programmed, and is accessible anywhere in the world.
New to Ethereum? You’re in the right place. Let’s start with the big picture.
Ethereum is the foundation for a new era of the internet:
- An internet where money and payments are built in.
- An internet where users can own their data, and your apps don’t spy and steal from you.
- An internet where everyone has access to an open financial system.
- An internet built on neutral, open-access infrastructure, controlled by no company or person.
Launched in 2015, Ethereum is the world’s programmable blockchain.
Like other blockchains, Ethereum has a native cryptocurrency called Ether (ETH). ETH is digital money. If you’ve heard of Bitcoin, ETH has many of the same features. It is purely digital, and can be sent to anyone anywhere in the world instantly. The supply of ETH isn’t controlled by any government or company - it is decentralized, and it is scarce. People all over the world use ETH to make payments, as a store of value, or as collateral.
But unlike other blockchains, Ethereum can do much more. Ethereum is programmable, which means that developers can use it to build new kinds of applications.
These decentralized applications (or “dapps”) gain the benefits of cryptocurrency and blockchain technology. They are reliable and predictable, meaning that once they are “uploaded” to Ethereum, they will always run as programmed. They can control digital assets in order to create new kinds of financial applications. They can be decentralized, meaning that no single entity or person controls them.