What is Ethereum & how does it work?

Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts. Ethereum was first described in a 2013 whitepaper by Vitalik Buterin.

What is a node in Ethereum?

It exists whenever there are connected computers running software following the Ethereum protocol and adding to the Ethereum blockchain. Each of these computers is known as a node. Nodes can be run by anyone, although to participate in securing the network you have to stake ETH (Ethereum’s native token).

How has the price of Ethereum changed in the past 7 days?

The price of Ethereum has fallen by 2.39% in the past 7 days. The price increased by 0.35% in the last 24 hours. In just the past hour, the price shrunk by 0.06%. The current price is $1,834.92 per ETH. Ethereum is 62.49% below the all time high of $4,891.70. The current circulating supply is 120,165,838.287 ETH.

How many co-founders does Ethereum have?

Ethereum has a total of eight co-founders — an unusually large number for a crypto project. They first met on June 7, 2014, in Zug, Switzerland. Russian-Canadian Vitalik Buterin is perhaps the best known of the bunch. He authored the original white paper that first described Ethereum in 2013 and still works on improving the platform to this day.