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