4.60%

Market Change

$2 481 247 459 861.90

Total Market Cap

$544 204 610 687.43

Total Volume

15413

Cryptocurrencies

272 GWEI

292 GWEI

317 GWEI

Ethereum gas price

42.55%

BTC Dominance


Ethereum (ETH)
Ethereum

ETH 2.50%

24h Change

$468 305 548 753.17

Market Cap

$61 726 071 435.71

24h Volume

$4 039.70

Current Price

Tech Specs

Last historical data: 2021-01-22T08:14:16.000Z

Decimal places: 18

Algorithm: Ethash

Prooftype: PoW

Country origin:

Genesis date: 2015-07-30

Liquidity score: 97.289

Publi interest score: 0.234

Community score: 68.968

Developer score: 102.015

Coingecko score: 79.081

Market cap rank: 2

Coingecko rank: 2

Alexa rank: 8793

Bing matches: 0

Ethereum (ETH)

Ethereum is a smart contract platform that enables developers to build tokens and decentralized applications (dapps).

ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts.

Smart contract is essentially a computer code that runs exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.

It can facilitate the exchange of money, content, property, shares, or anything of value.

When running on the blockchain a smart contract becomes like a self-operating computer program that automatically executes when specific conditions are met. Ethereum allows programmers to run complete-turing smart contracts that is capable of any customizations.

Rather than giving a set of limited operations, Ethereum allows developers to have complete control over customization of their smart contract, giving developers the power to build unique and innovative applications. Ethereum being the first blockchain based smart contract platform, they have gained much popularity, resulting in new competitors fighting for market share.

The competitors includes: Ethereum Classic which is the oldchain of Ethereum, Qtum, EOS, Neo, Icon, Tron and Cardano. Ethereum wallets are fairly simple to set up with multiple popular choices such as myetherwallet, metamask, and Trezor.

Read here for more guide on using ethereum wallet: How to Use an Ethereum Wallet

Ethereum is a public decentralized blockchain that provides peer-to-peer smart contracts, without the interference of third parties.

This open source (transparent) platform hosts and distributes decentralized applications, thus connecting peers directly.