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Ethereum (ETH): A Decentralized World Computer

Ethereum (ETH) is a global, open-source platform that enables the creation of decentralized applications. It aims to build a world computer that allows developers to build applications in a decentralized manner, where all states and data are distributed and publicly accessible. With its support for smart contracts, developers can write code to program digital value on the Ethereum blockchain.

Key Information

Listed Exchanges

Ethereum (ETH) is listed on various cryptocurrency exchanges, including:

Description

Ethereum is a pioneering blockchain platform that revolutionizes the way applications are built and run. It offers a decentralized approach and enables the development of a wide range of applications, including tokens, non-fungible tokens (NFTs), decentralized finance (DeFi) apps, lending protocols, decentralized exchanges (DEXs), and more.

Key to Ethereum's infrastructure is its support for smart contracts. These are pieces of code that automatically execute predefined actions when certain conditions are met. Through smart contracts, Ethereum brings programmability and automation to the world of blockchain.

When interacting with Ethereum, users need to pay a small fee called Gas for their transactions and smart contract executions. Gas is the unit of measure for the computational effort required to carry out operations on the blockchain. The more complex the operation, the more gas is needed. Gas fees are paid in Ether (ETH), the native cryptocurrency of the Ethereum blockchain. The price of gas can fluctuate depending on network demand.

FAQ

What is Ethereum?
Ethereum is a global, open-source platform for decentralized applications, enabling developers to write code and program digital value.
What are smart contracts?
Smart contracts are self-executing contracts with predefined rules encoded in code. They automatically execute actions when certain conditions are met.
What can be built on Ethereum?
Ethereum supports a wide range of applications, including tokens, NFTs, DeFi apps, lending protocols, DEXs, and more.
What is Gas?
Gas is the unit of measure for the computational effort required to execute operations or smart contracts on Ethereum. Gas fees are paid in ETH.
Which exchanges list Ethereum?
Ethereum is listed on multiple exchanges, including Azbit, Bitfinex, Binance, Coinbase Exchange, Kraken, and many more.