About Ethereum
Ethereum (ETH) is a decentralized blockchain platform launched in 2015, designed to enable smart contracts and decentralized applications (dApps). Below are its core details:
| Attribute | Value |
|---|---|
| Name | Ethereum |
| Ticker | ETH |
| Symbol | Ξ |
| Circulating Supply | ~120M ETH (dynamic) |
| Max Supply | No hard cap |
| Launch Date | July 30, 2015 |
Key Resources
- Website: ethereum.org
- Blockchain Explorer: Etherscan
- Whitepaper: Ethereum Whitepaper
- GitHub: github.com/ethereum
- Layer 2 Solutions: Optimism, Arbitrum, Polygon
Ethereum Market Performance
| Metric | Value |
|---|---|
| Market Rank | #2 |
| 24h High/Low | $X / $Y |
| Price Change (24h) | ±Z% |
| Price Change (7d) | ±Z% |
| Market Cap | $XXX billion |
| 24h Trading Volume | $XXX billion |
| All-Time High (ATH) | $XXXX (Date) |
| All-Time Low (ATL) | $X (Date) |
Ethereum FAQs
1. What is Ethereum?
Ethereum is a programmable blockchain that supports smart contracts and dApps. Its native cryptocurrency, ether (ETH), is used to pay for transactions and computational services.
2. How much is 1 ETH worth in USD?
The current price of 1 ETH = $X.
3. Can I still mine ETH?
No. Ethereum transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS) in September 2022, replacing mining with staking.
4. What is Proof-of-Stake (PoS)?
PoS is a consensus mechanism where validators stake ETH to secure the network and earn rewards. It’s energy-efficient compared to PoW.
5. How to stake ETH?
- Solo Staking: Requires 32 ETH and technical expertise.
- Staking Pools: Deposit any amount (e.g., Lido, Rocket Pool).
- Centralized Exchanges: Services like OKX offer staking.
6. Who created Ethereum?
Vitalik Buterin co-founded Ethereum with developers like Gavin Wood and Joseph Lubin.
7. What drives ETH’s value?
- Demand for dApps and DeFi.
- Scarcity (post-EIP-1559 fee burns).
- Institutional adoption (e.g., ETH futures ETFs).
8. How are gas fees calculated?
Gas fees = Gas price (in gwei) × Gas used. Check real-time rates on Etherscan Gas Tracker.
9. Where to buy/sell ETH?
Use platforms like OKX, Coinbase, or Kraken.
ETH-USD Conversion Table
| ETH | USD |
|---|---|
| 0.1 | $XX.XX |
| 1 | $XXX.XX |
| 10 | $XXXX.XX |
Ethereum Use Cases
- DeFi: Lending (Aave), swaps (Uniswap).
- NFTs: Marketplaces like OpenSea.
- Web3: Decentralized identity and storage.
Risks and Considerations
- Volatility: ETH prices fluctuate widely.
- Regulation: SEC’s stance remains unclear in the U.S.
- Smart Contract Risks: Code vulnerabilities can lead to exploits.
Final Thoughts
Ethereum remains a cornerstone of crypto innovation. Whether you’re trading, staking, or building dApps, understanding ETH’s dynamics is crucial.
👉 Start exploring Ethereum today