What is Ethereum?

Ethereum is a decentralized operating system. The platform introduced, in practice, the concept of “decentralized applications”. Its founder, Vitalik Buterin, has been engaged in the development of blockchain and Bitcoin since its inception.

Today, several cryptocurrencies are issued in ICOs using Ethereum. These tokens are called ERC-20, and they are the foundation for running scripts in the Ethereum Virtual Machine. Through the development of “smart contracts”, Ethereum made it possible to sign tokens that have a specific function besides being a medium of exchange and broadened the capabilities of blockchain “transactions”.

Its key cryptocurrency is the Ether, which is usually used for payments in smart contracts or dApps. In addition, Ethereum is also fueled with GAS, a cryptocurrency associated with operations that require some kind of computation from its nodes. The GAS price is proportional to the type of the computational power required execute a task. Therefore, a fee in GAS is included to pay for the nodes running or authenticating a transaction.

Originally, Ethereum used proof-of-work to reach consensus. The Casper protocol, however, gradually shifted Ethereum consensus from PoW to a custom proof-of-stake protocol.

Ethereum Price Live Data

  • Zoom
  • Hour
  • Day
  • Week
  • Month
  • Year
  • All Time
  • Type
  • Line Chart
  • Candlestick

More Info

  • Historical Data

  • Markets

  • Social

  • News

  • Comments

* Currency in USD
Historical Price for Ethereum
Ethereum Markets
  • Canadian cryptocurrency exchange Coinsquare claims that client data has been hacked.
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 12 minutes ago
    Coinsquare, which is one of the largest cryptocurrency exchanges in Canada, had recently reported that its exchange had experienced a data breach. The business, on…
  • Aave halts 17 Ethereum-based token lending markets
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 21 minutes ago
    The popular DeFi platform Aave temporarily halts lending markets for 17 Ethereum-based tokens comprising 5 stablecoins as the market situation of these assets is currently…
  • Matrixport is seeking $100 million at a valuation of $1.5 billion.
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 24 minutes ago
    Matrixport has the goal of raising $100 million and is now operating at a greater value. In addition, Matrixport Technologies Pte, which is also known…
  • El Salvador Opens National Bitcoin Office (ONBTC)
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 1 hour ago
    The government of El Salvador has formed a National Bitcoin Office, abbreviated as ONBTC, to monitor local initiatives linked to cryptocurrencies and digital assets in…
  • The Bahamas’ government criticizes FTX’s new CEO John Ray
    Coinbold – Crypto news – Crypto Market today – Crypto Market Cap – 1 hour ago
    While most people were preoccupied with the festivities of Thanksgiving, those involved in the cryptocurrency industry were still unable to get a break as the…