Ethereum
what is Ethereum(ETH)?
Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described 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 (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (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.
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.
What are the different types of cryptocurrency exchanges?
Binance、Coinbase Pro、OKEx、Kraken、Huobi Global、Bitfinex、MEXC
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On-chain data shows the Ethereum profit-taking transactions have surged recently, a sign that could be bearish for the asset's price.
- By bitcoincasts
- June 05, 2023
See Ethereum's price with our daily ETH price chart, and learn about the history, use cases, and future of Ethereum.
- By bitcoincasts
- June 03, 2023
The drop in the Ethereum gas fee is likely to push strong network utility and could provide the necessary fuel to ETH price.
- By bitcoincasts
- June 01, 2023
Ethereum open interest for perpetual futures contracts on Deribit, a crypto derivatives exchange, is at $544931613, a three-year high.
- By bitcoincasts
- May 31, 2023
The Ethereum (ETH) price has fallen since the beginning of April. At the time, it deviated above a crucial long-term resistance level.
- By bitcoincasts
- May 30, 2023
A wallet dating back to the Ethereum (ETH) initial coin offering (ICO) in 2015 has caught the attention of the crypto community after it suddenly moved a...
- By bitcoincasts
- May 29, 2023
In the past 21 months following the implementation of Ethereum Improvement Proposal (EIP) 1559, Ethereum's London hard fork has witnessed staggering...
- By bitcoincasts
- May 29, 2023
Ethereum (ETH) may be changed by Litecoin (LTC). Nonetheless, the Collateral Community (COLT) is gaining recognition because of its promise of excessive...
- By bitcoincasts
- May 28, 2023
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- By bitcoincasts
- May 25, 2023
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- By bitcoincasts
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