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 | $ 303.98 B
$ 2,595.47

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  • Finalized no. 27
    Ethereum Blog - 6 days ago
    the Ethereum consensus-layer – tl;dr It’s time to upgrade for London Merge checklist and draft EIP released Altair devnets launch; clients position themselves for mainnet…
  • London Mainnet Announcement
    Ethereum Blog - 2 weeks ago
    Important Update On July 21, 2021, a consensus issue was identified on the Ropsten network, where the go-ethereum, Erigon and Nethermind implementations had different transaction…
  • Road to Devcon Meetup and Event Grants
    Ethereum Blog - 2 weeks ago
    Community organizers are the glue that holds the Ethereum ecosystem together, and whether they’re leading large-scale events, local meetups, hackathons or seminars, we might all…
  • Allocation Update: Q1 2021
    Ethereum Blog - 1 month ago
    Happy July! Read on for the list of projects funded in Q1 of this year. But first: office hours are in session! Signups are open…
  • London Testnets Announcement
    Ethereum Blog - 1 month ago
    The long-anticipated London upgrade is now ready for deployement on the Ethereum testnets! The upgrade will first go live on Ropsten, at block 10499401, which…