Ethereum ETH | $ 3,089.10 0.04616178 BTC Marketcap $ 371,785,695,624 Volume (24h) $ 9,407,215,498 Circulating Supply 120,126,553 ETH Total Supply 120,126,553 ETH |
What is Ethereum?
Ethereum is a decentralized operating system. The platform introduced, in practice, the concept of "decentralized applications". Its founder, Vitalik Buterin, has been engaged in the development of blockchain and Bitcoin since its inception.
Today, several cryptocurrencies are issued in ICOs using Ethereum. These tokens are called ERC-20, and they are the foundation for running scripts in the Ethereum Virtual Machine. Through the development of "smart contracts", Ethereum made it possible to sign tokens that have a specific function besides being a medium of exchange and broadened the capabilities of blockchain "transactions".
Its key cryptocurrency is the Ether, which is usually used for payments in smart contracts or dApps. In addition, Ethereum is also fueled with GAS, a cryptocurrency associated with operations that require some kind of computation from its nodes. The GAS price is proportional to the type of the computational power required execute a task. Therefore, a fee in GAS is included to pay for the nodes running or authenticating a transaction.
Originally, Ethereum used proof-of-work to reach consensus. The Casper protocol, however, gradually shifted Ethereum consensus from PoW to a custom proof-of-stake protocol.
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- Top 3 Altcoins To Watch For The Week: SOL, FTM, And LINKCoinGape - 16 hours agoThe majority of market analysts placed focus on Bitcoin in the past week on spot BTC ETF disclosure trend, however, tokens like Solana (SOL), Fantom…
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- Back to the drawing board: rethinking interoperability | Opinioncrypto.news - 23 hours agoBlockchain interoperability can not be the responsibility of a single project, it needs to be an industry-wide effort.
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- Bitcoin (BTC) Mirroring Pre-Parabolic Rally That Led to Over 1,200% Gains in 2017, According to Crypto AnalystThe Daily Hodl - 16 hours agoBitcoin’s (BTC) current market structure looks similar to 2017, just before its massive 1,200% rally to its previous record high of $20,000, according to widely…
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- Pink Drainer ‘steps back from the grind’ after stealing $75M from victimsProtos - 2 days agoPink Drainer apologized for “the lack of prior notice” before thanking customers who have used it to steal more than $75M in the past year.…
- Pump.fun exploiter doxxed himself then took credit with bizarre tweetsProtos - 3 days agoIn this series of tweets, X user STACCoverflow claims that the exploited Pump.fun funds will be distributed to people who hold other tokens. The post…
- How Humanity Protocol CEO drove his previous firm to insolvencyProtos - 4 days agoHumanity Protocol CEO Terence Kwok raised $170 million for his smartphone company before running it into the ground amid mass layoffs. The post How Humanity…
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- Will Washington Wreck Or Welcome Crypto? Looming Vote Holds Bitcoin’s FateBitcoinist.com - 20 hours agoWith Bitcoin rocketing in value and Wall Street circling like a hawk, the US crypto industry is holding its breath as a crucial vote approaches…
- Bitcoin Whales Balance Returns To Pre-FTX Collapse Levels – Impact On BTC Price?Bitcoinist.com - 23 hours agoHeading into the year 2024, Bitcoin spot ETFs (exchange-traded funds) and the halving event were arguably the biggest narratives in the crypto space. The Securities…
- Genesis Gets Court Approval For $3 Billion Repayment PlanBitcoinist.com - 1 day agoBankrupt crypto lender Genesis Global Capital has secured court approval to commence its $3 billion repayment plan to its creditors. The decision comes with revelations…
- Bitcoin Bull Brandt Burns Schiff: ‘Stop Betting On Dead Horses!’Bitcoinist.com - 1 day agoThe world of finance is no stranger to colorful characters, and this week, the gloves came off between two titans with opposing views on Bitcoin:…
- Funding Wrap: Polymarket gets backing from Vitalik Buterin, Founders Fund in $70M raiseBlockworks: News and insights about digital assets. - 20 hours agoHumanity Protocol also announced a $30 million round, giving the Worldcoin competitor a $1 billion valuation
- Crypto Hiring: Eclipse Labs names new leader in week of CEO updatesBlockworks: News and insights about digital assets. - 22 hours agoBitcoin miner Bitfarms cuts ties with its chief executive; Vanguard’s incoming leader could spur the firm to re-evaluate its crypto stance, some say
- Pump dot Fun exploiter identified and arrested in LondonBlockworks: News and insights about digital assets. - 1 day agoA private security firm tracked down @STACCoverflow, who was taken into custody early Saturday
- Web3 Watch: Naked in the metaverseBlockworks: News and insights about digital assets. - 1 day agoPlus, Pump.fun suffers an exploit and Bitcoin Runes creation slows down
- Layer-3s are the future of scalabilityBlockworks: News and insights about digital assets. - 1 day agoWhen L3s started trending, they were met with initial skepticism — but as more use cases emerge, the clearer their need becomes
- Collect Fragments in Shrapnel STX3 Playtest and Trade on Its Upcoming MarketplaceCryptopolitan - 14 hours agoThe team behind Shrapnel has announced that it will launch the first version of its marketplace on 23rd May, along with the start of its…
- Ripple Publishes Expert’s Warning on Quantum Threat on BlockchainCryptopolitan - 14 hours agoRipple published a message by mathematician Massimiliano Sala expressing his fear of the dangers quantum computing poses to blockchain encryption. Sala, a professor at the…
- Is Ethereum Foundation Connected to EigenLabs?Cryptopolitan - 14 hours agoJustin Ðrake disclosed his advisory role with EigenFoundation, which comes with a significant EIGEN token incentive.
- India’s Securities Regulator and RBI Clash Over Crypto RegulationsCryptopolitan - 15 hours agoSEBI supports multiple regulators for cryptocurrencies; RBI favors a complete ban on stablecoins.
- Play the Sandbox Events and Win From a Reward Pool of 100,000 $SANDCryptopolitan - 15 hours agoThe Sandbox is offering rewards from a pool of 100,000 $SAND tokens to players participating in its ongoing events, including Rabbids: Music vs Love, The…
- Bitcoin repeats THIS historical pattern: Is a bull rally coming?AMBCrypto - 11 hours agoThe stablecoin supply ratio oscillator currently shows bullishness, which could help BTC rise.
- Large Bitcoin wallets reach pre-FTX levels – What it means for BTCAMBCrypto - 12 hours agoBitcoin remained above the $60,000 level and recently broken into the top-ten TVL ranking.
- Solana hits $175, faces pullback: What’s next for SOL?AMBCrypto - 13 hours agoSolana’s price dropped slightly after reclaiming $175, but the price decline might not continue further.
- Ripple records a strong Q1: What does the future hold for XRP?AMBCrypto - 14 hours agoQ1 witnessed significant strides made by Ripple in various domains.
- PEPE remains bullish despite recent 20% drop, but…AMBCrypto - 15 hours agoPEPE looks bullish on the higher timeframes, but the tables turn when you look at the memecoin from another angle.
- Watch Out: 25 Altcoins Have Massive Token Unlocks in the New Week – Here’s the Day-by-Day, Hour-by-Hour ListBitcoin Sistemi - 15 hours agoThe cryptocurrency market will face large amounts of token lock opening events in 25 altcoins in the new week. Continue Reading: Watch Out: 25 Altcoins…
- Watch Out: The Big Week is Here – New Week Has Lots of Economic Developments and Altcoin Events – Here’s a Day-by-Day, Hour-by-Hour ListBitcoin Sistemi - 16 hours agoAfter a positive week, many events will occur in the new week that may affect cryptocurrencies. Continue Reading: Watch Out: The Big Week is Here…
- There is Some Good News From India, Known For Its Anti-Cryptocurrency AttitudeBitcoin Sistemi - 17 hours agoPositive news came from India, which previously imposed strict regulations on cryptocurrencies and charged high taxes. Continue Reading: There is Some Good News From India,…
- Important Statements from Vitalik Buterin, Wrote About Ethereum’s Problems and Solutions – “Traditional Finance Could Revive If It Fails”Bitcoin Sistemi - 19 hours agoEthereum founder Vitalik Buterin focused on the problems and solutions of Ethereum in his statement. Continue Reading: Important Statements from Vitalik Buterin, Wrote About Ethereum’s…
- Unexpected Bitcoin and Cryptocurrency Ban Comes from a Country Struggling with US SanctionsBitcoin Sistemi - 20 hours agoIn a country that has been experiencing difficulties due to US sanctions for a long time, restrictions have been imposed on those who mine cryptocurrencies.…