What is Ethereum (ETH)?

Ethereum (ETH) is the second most popular cryptocurrency after Bitcoin. Founded by Vitalik Buterin and Gavin Wood in 2015, today Ethereum’s market capitalization represents approximately 20% of the $1.1 trillion global crypto market. There are some distinct differences between Ethereum and the original crypto.

How much does Ethereum cost?

The current price is $1,899.56 per ETH. Ethereum is 61.17% below the all time high of $4,891.70. The current circulating supply is 120,357,218.706 ETH. This content is for informational purposes only. Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”).

What is the current circulating supply of Ethereum?

The current circulating supply is 120,357,218.706 ETH. This content is for informational purposes only. Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

Is Ethereum a proof-of-stake?

Ethereum’s transition to the proof-of-stake protocol, which enables users to validate transactions and mint new ETH based on their ether holdings, is part of a significant upgrade to the Ethereum platform. Previously called Eth2, this upgrade is now referred to only as Ethereum. However, Ethereum now has two layers.