Price.. 2.522.37 (usd)
Launch Date: Ethereum was proposed in late 2013 and launched on July 30, 2015.
price of Ethereum is $ 2,535.73 per (ETH / USD)
Founder: Vitalik Buterin, along with a team of co-founders including Gavin Wood and Joseph Lubin.
Consensus Mechanism: Ethereum transitioned from Proof of Work (PoW) to Proof of Stake (PoS) with the Ethereum 2.0 upgrade, known as the Merge, which was completed in September 2022.
ETH Token
Ticker Symbol: ETH
Total Supply: Unlike Bitcoin, Ethereum does not have a fixed supply. As of now, it operates with an inflationary model, but the issuance rate has decreased significantly after the transition to PoS.
Utility: ETH is used to pay for transaction fees (gas) on the Ethereum network, as well as to participate in network governance and staking.
Wallets
ETH can be stored in various types of wallets:
Software Wallets: Such as MetaMask, Trust Wallet, and MyEtherWallet.
Hardware Wallets: Like Ledger and Trezor, which offer enhanced security.
Exchange Wallets: Available on exchanges where ETH is traded.
Market Information
Trading: ETH is traded on virtually all cryptocurrency exchanges, including Binance, Coinbase, and Kraken.
Price Volatility: ETH, like other cryptocurrencies, experiences significant price fluctuations.
Key Features
- Smart Contracts: Ethereum allows developers to create self-executing contracts with the terms directly written into code, facilitating trustless transactions.
- Decentralized Applications (dApps): The platform supports a wide range of dApps, from finance (DeFi) to gaming and beyond.
- Token Standards: Ethereum has introduced various token standards, such as ERC-20 (fungible tokens) and ERC-721 (non-fungible tokens or NFTs).
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