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Ethereum

ETH

  • Layer1
  • Infra
Established Year
2013
Operating Status
Active
Ethereum is the first decentralized, open-source blockchain with smart contract functionality. It was initially described in a white paper by Vitalik Buterin in late 2013 and launched in 2015. This network serves as the foundation for an ecosystem of interoperable, decentralized applications (dApps) powered by token economies and automated smart contracts. Assets and applications designed on Ethereum are built with self-executing smart contracts that eliminate the need for a central authority or intermediary. 
The network is powered by its native cryptocurrency ether (ETH), which is used to pay transaction fees. Ethereum has the characteristics of being open-source, programmable, private, and censorship-resistant, forming the backbone of a decentralized internet.

Organisation

Financial Portfolio

Funding

N/A
1 Investors
$500 K

Crypto Holdings

Current Holdings Count
15
Total Value
$ 73.92 K
Last Activity
347250.2698 DAI
0x06f56afd4cadccb7536e679d45e58319775bfd0c4df0017fb6262c6d5d41d031
Holding Token
Current Price
Total Held
Total Value
$0.000009656593
0.00%
1918548.24$ 18.53
$0.154570306383
0.00%
56728.0364$ 8.77 K
$0.430394266449
0.02%
10125$ 4.36 K
$0.002722851203
0.00%
1101.307$ 3.00
$0.064054456256
0.00%
35.235$ 2.26
$4,572.12
60.63%
11.9909$ 54.82 K
$0.256977257167
0.00%
9.375$ 2.41
$0.179427262727
0.00%
8.4101$ 1.51
$1,170.04
3.34%
4.8674$ 5.70 K
$6.43
0.22%
4.1861$ 26.91

Recent News

Frequently Asked Questions

What Is Ethereum (ETH)?

Ethereum is a decentralized open-source [blockchain](https://coinmarketcap.com/alexandria/glossary/blockchain) system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other [cryptocurrencies](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies), as well as for the execution of decentralized [smart contracts](https://coinmarketcap.com/alexandria/glossary/smart-contract). [Ethereum was first described](https://coinmarketcap.com/alexandria/article/an-intro-to-ethereum-eth) in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the [Initial Coin Offering](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico) (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the [return on investment](https://coinmarketcap.com/alexandria/glossary/roi) (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014. The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” [hard fork](https://coinmarketcap.com/alexandria/glossary/hard-fork-blockchain). Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.