Ethereum
by Ethereum Foundation
4/5
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Ethereum is a general purpose blockchain with a smart contract functionality that can be implemented to automatically execute certain functions. The Ethereum blockchain and its native currency Ether, are a central components of the entire blockchain ecosystem. A large number of other tokens are built upon its platform, and Ether currently represents around 15% of the total market capitalization of all digital currencies.
Average Rating1 Rating
Overall
4/5
Will this currency still be used in 10 years?
4/5
How scalable is this currency?
4/5
How adaptable is this currency to the changing needs of the market?
4/5
How effective is this currency as a medium of exchange?
5/5
How effective is this currency as a store of value?
4/5
Company Details
- Ethereum Foundation
- https://www.ethereum.org
- Founded 2015
- General Purpose Blockchain
Token Stats
About Ethereum
Ethereum is a blockchain-based computing platform and operating system whose core innovation is enabling smart contracts. Ethereum's smart contract functionality, and versatile scripting language, have made it the most popular network for creating decentralized applications. What makes Ethereum different from Bitcoin is that its primary purpose is to serve as a general purpose blockchain for creating DApps, and not as a payment network. Ethereum was created by Vitalik Buterin. It was launched in July 2015 and has become one of the most important blockchain platforms in the industry. Ether is the native currency of the Ethereum blockchain and can can be used as a transfer of value, as well as a form of compensation for mining. The Ethereum Virtual Machine (EVM) executes scripts using a network of public nodes. "Gas" is used as an internal transaction pricing mechanism that decides how resources are used on the network.