Ethereum is an open sourcepublicblockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions. Ether is a cryptocurrency generated by the Ethereum platform and used to compensate mining nodes for computations performed.[3] Each Ethereum account has an ether balance and ether may be transferred from one account to another.

Ethereum provides a decentralized virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.[4] The virtual machine’s instruction set, in contrast to others like Bitcoin Script, is thought to be Turing-complete. “Gas”, an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.[4]

Marketcap | $ 182.85 B
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  • Grantee Roundup: February 2021
    Ethereum Blog - 2 days ago
    This month, we’ve got the latest on from two groups doing great work to grow the Ethereum ecosystem! Couger for education and community building in…
  • eth2 quick update no. 22
    Ethereum Blog - 2 weeks ago
    tl;dr Successful R&D workshop on future beacon chain upgrades Staking community grants announced Quick plug for my State of Eth2, Jan 2021 post Eth2 Workshop:…
  • Staking community grantee announcement
    Ethereum Blog - 3 weeks ago
    We’re excited to announce the grantees selected for the recent staking community grants round. This grants round invited proposals that make the Ethereum staking experience…
  • Grantee Roundup: January 2021
    Ethereum Blog - 1 month ago
    Our intrepid grantees have been keeping busy as always – read on for some recent accomplishments 🏆 ENS ENS (Ethereum Name Service) runs on the…
  • The Long(er) road to Devcon [ENG/ESP]
    Ethereum Blog - 1 month ago
    Friends, In the time since the last Devcon announcement, the state of the Ethereum ecosystem has been electric. We’ve realized critical milestones on the Eth2…