Ethereum (ETH) is a community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized applications. It is a decentralized open-source blockchain system that also works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum is a technology that’s home to digital money, global payments, and applications. The community has built a booming digital economy, as well as bold new ways for creators to earn online, and so much more.
Ethereum isn’t just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens (NFTs). Besides, its apps are transparent and open source, so you can fork code and re-use functionality others have already built. In case you don’t want to learn a new language you can just interact with open-sourced code using JavaScript and other existing languages.
It 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 raised US$18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was US$0.311, with over 60 million Ether sold. The blockchain was officially launched by the Ethereum Foundation on July 30, 2015 and there have been several network updates since then.
According to CoinMarketCap, the price of Ethereum at the moment of writing is US$3160,08 with a 24-hour trading volume of US$12.934.984.017. It is currently ranked number 2 in CoinMarketCap’s ranking, with a live market cap of US$376.732.095.425. The token has a circulating supply of 119.215.956 ETH coins and the maximum supply is not available.The top cryptocurrency exchanges for trading in Ethereum stock are currently OKX, Bitget, Binance, CoinTiger and CoinFLEX.
