As new blocks are added to the network, they are constantly validated. 52% annualized issuance rate (with 14 million total ETH staked) Total annualized issuance rate: ~0. The price of staked ETH is identical to ETH. 33% up compared to last week. This means that the more miners there are in the network, the higher the hash. It is essential for users to stake their PoS tokens with dependable and highly performant validators, which is why we have rolled out our Staking Rewards Verified Staking Provider (VSP) Program in June 2022. Emission (24h) : ? List of known Ethereum pools (ETH) Ethash PoW algorithm. Ethereum: The World Computer. Truffle is the most popular development framework for Ethereum with a mission to make your life a whole lot easier. Smart Contracts. Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. The right mining pool will increase your chances of finding a block. 41% in the last 7 days. This represents a 2. Much like its closely related sibling Ethereum (ETH), ETC lets developers to build and deploy smart. While many people often compare Ethereum and Bitcoin, the two are significantly different. Get Started. The currency unit on the Ethereum platform is called an ether (ETH). Ethereum is 57. 70. 99% and reach $2,115. 0 (Formerly known as ETH2) is a series of upgrades to the Ethereum Blockchain which will improve its speed, efficiency, and scalability. As a decentralized platform that supports smart contracts, the Ethereum Virtual Machine provides the backbone for a wide variety of distributed applications (dApps). And our low fees mean that you get to keep most of your money in your investment portfolio. Gas fees are paid in Ether (ETH) and denominated in Gwei. 6 million. Ethereum Blockchain has many applications to offer apart from cryptocurrency transactions, some of them are: 1. When you send a transaction or run a smart contract, you pay in gas fees to process it. This enables developers to create and execute decentralized applications using smart contracts. These applications can handle various functions. 0. Blockchain Basics. A thorium fuel cycle can offer several potential advantages over a uranium fuel cycle —including the much greater abundance of thorium found on Earth, superior physical. Unlike natural uranium, natural thorium contains only trace amounts of fissile material (such as 231 Th), which are. Staking Ethereum. 00 MH/s consuming 4,500 watts of power at $0. Ethereum gas fees can only be paid in Ethereum’s native token, Ether (ETH). Ethereum is a blockchain platform created to support smart contracts and secure financial transactions. As we mentioned above, layer 2 is a collective term for Ethereum scaling solutions that handle transactions off Ethereum layer 1 while still taking advantage of the robust decentralized security of Ethereum layer 1. 2 crypto by market capitalization is the platform Ethereum. Ether is the value token of the Ethereum blockchain, though. 4) Hashing24. We host a range of high performance mining pools with servers located in Europe, Asia and North America! Connect your rig in two easy steps and start mining without the need for an account. Claymore miner or Minergate ); A mining pool address if you're going to mine within a mining pool; A graphics card (GPU) with at least 3GB of RAM;According to MarketCap, Ethereum is the second-largest cryptocurrency, with a current value of $2,921. English Thirium Edit Thirium Thirium is a chemical in Detroit: Become Human . 00 USD would convert to 0. As discussed earlier, in a mining pool you can share resources, resulting in minimizing your mining costs and more productivity. Think of the Ethereum blockchain as a giant computer network on which developers can build decentralized applications (dApps) that. Ethereum is a decentralized platform for programming a digital money. Ethereum's energy expenditure. ERC-20 defines a common list of rules that all fungible Ethereum tokens should adhere to. Chromium fork for Linux, Windows, MacOS, Android, and Raspberry Pi named after radioactive element No. Old souls that posses great wisdom and insight. 0 to 5. Blockchain is a distributed ledger technology, or DTL, that keeps a permanent, tamper-proof list of records. Getting started with Coinbase. 97%. In order to transact or run decentralized applications, users of the blockchain must pay in ether. In fact, the entire network can be visualized as a single entity called the “ Ethereum Virtual Machine ” or EVM for sh ort. The Ethereum Merge is the term for the network's switch from its original proof-of-work system to a proof-of-stake system, scheduled to occur in mid-September 2022. OP Mainnet is a fast, stable, and scalable L2 blockchain built by Ethereum developers, for Ethereum developers. 09. The Ethereum blockchain is essentially a transaction-based state machine. robert. Staking is a way to earn rewards (cryptocurrency) while helping strengthen the security of the blockchain network. The price of Ethereum has risen by 0. This page tracks key metrics of ERC-20 tokens on Ethereum. m. 36 for every 1 ETH. Ethereum gas is what users pay to process transactions or use smart contracts on the Ethereum network. It has a hardness of 5. It is used to pay for the computational resources and the transaction fees for any transaction executed on the Ethereum network. Solomon, PhD, is a full-time security, privacy, blockchain, and data science expert. For instance, the digital. Thorium can be used to make ceramics, gas lantern mantles, and metals used in the aerospace industry and in nuclear reactions. (opens in a new tab) provides a range of products and tools for building on Ethereum, also infrastructure and APIs for Enterprise Web3 applications. It covers Ethereum as a concept, explains the Ethereum tech stack, and documents advanced topics for more complex applications and use cases. Ethereum Prediction for 2023, 2025 and 2030. There are natural and man-made forms of thorium, all of which are radioactive. It’s both resilient and flexible: any computer program can run on Ethereum. 0 is a commonly-used term that usually represents Ethereum's the highly-anticipated switchover from proof-of-work to proof-of-stake, which promises to make Ethereum mining disappear. Ethereum (ETH) is a programmable blockchain with its own native cryptocurrency or coin, called Ether. Ethereum is a network of computers all over the world that follow a set of rules called the Ethereum protocol. Ethereum is a decentralized blockchain network powered by the Ether token that enables users to make transactions, earn interest on their holdings through staking, use and store nonfungible tokens. ETH is also used to secure the network with staking. The current price is $2,059. An internet dominated by companies that provide services in exchange for your personal data. This will allow Ethereum to handle significantly more transactions, improve smart contract stability and reduce network fees. Ethereum Classic is 89. Grayscale Ethereum Trust is solely and passively invested in ETH, enabling investors to gain exposure to ETH in the form of a security while avoiding the challenges of buying, storing, and safekeeping ETH, directly. log to get fast insights into your code. Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications ( dapps ). The Ethereum network is scalable, programmable, and decentralised. ; Our technical indicators signal about the Bullish Bullish 87% market sentiment on Ethereum, while the Fear &. The chart highlights the total number of transactions on the Ethereum blockchain with daily individual breakdown for average difficulty, estimated hash rate, average block time and size, total block and uncle block count and total new address seen. Ethereum is a platform for exchanging digital currency that has no physical counterpart. Solidity. Learn more about our Blue Checkmark feature in our Knowledge Base . Rewards Calculator. 0000 ETH. Company. For example, a device using 1. A sample of thorium. Governance is the systems in place that allow decisions to be made. Ethereum Classic’s price prediction for the most bearish scenario will value ETC at $15. Other coins supported in the platform include Zcash, Dash, Bitcoin, and other crypto coins. 42% in the last 24 hours with a circulating supply of 120. A thorium fuel cycle can offer several potential advantages over a uranium fuel cycle —including the much greater abundance of thorium found on Earth, superior physical and nuclear fuel properties, and reduced nuclear. KUALA LUMPUR: Several DAP lawmakers have urged the government to review Lynas Malaysia's licence and stop the plan for thorium extraction from the. 00 per (ETC / USD). 89% below the all time high of $4,891. 79%) is currently up by around 53% in 2023, but it's still down nearly 62% from its all-time high in late 2021. 15% price increase in the last 24 hours and a 1. The price increased by 3. In just the past hour, the price grew by 1. Full rewards. Danksharding is the full realization of the rollup scaling that began with Proto-Danksharding. It is like a hard drive but liquid. 38 trillion, reflecting a decrease of 2. 75% from one year ago. One of the most significant smart contract standards on Ethereum is known as ERC-20, which has emerged as the technical standard used for all smart contracts on the Ethereum blockchain for fungible token implementations. Ethereum operates on the blockchain. The table shows the returns of all Ethereum ETFs/ETNs in comparison. The EVM’s Turing completeness is measured by the fact it can run any program. 366 ETH. Bitcoin and Ethereum are fundamentally different beasts. The element is an electropositive metal and is highly reactive. While both the Bitcoin and Ethereum networks are powered by the principle of distributed ledgers and cryptography, the two differ technically in many ways. Ethereum is 57. " These contracts run on the "Ethereum Virtual Machine," a distributed computing network made up of all the devices running Ethereum nodes. It offers a secure and decentralized way to address. Ether is the second-largest cryptocurrency by market capitalization, behind bitcoin (BTC). A product of this, the Thorium Mod, is one of the most expansive mods for Terraria. While several years old, we maintain this paper. Thorium-based nuclear power generation is fueled primarily by the nuclear fission of the isotope uranium-233 produced from the fertile element thorium. Ethereum Price Summaries. The Ethereum network acquired more global interest when china stated that. Ethereum is open source and used primarily to support the second-largest cryptocurrency in the world known as Ether. The Ethereum Shanghai upgrade is designed to give ETH crypto token holders access to their staked assets, a major change for the network. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. 22% from one year ago. Ledger Nano S Plus (Hardware Wallet) The Ledger Nano S is one of the most inexpensive Ethereum hardware wallets available ($59). But that’s hardly the only crypto on the block. 5. Bitcoin is a cryptocurrency; Ethereum is a platform. 4. Gas refers to the fee required to successfully conduct a transaction on the Ethereum blockchain. Currently, Ethereum Classic network hashrate is 146. “Ether” is the native cryptocurrency token used by the Ethereum network. Click 'Add network': MetaMask will open in a new tab in fullscreen mode. It is the fuel that runs the network. an Ethereum-based open source enterprise blockchain platform with advanced enterprise grade features enabling privacy, permissioning and performance. In the Ethereum whitepaper, Buterin described the need for. It was named after Thor, the god of thunder in Norse mythology. 73 on Dec 21, 2023. 0 because it’s a new and improved version in many ways. While ether is the cryptocurrency of the Ethereum network, metaphorically speaking, it is more accurate to. Prices steadily rose – albeit with some volatility over the years – and in November 2021 BTC hit an all-time high of $68,990. Mining Pools & Block Explorer. The user chose to pay 8 Gwei for every gas unit, which is considered a “high priority” transaction and would be executed very fast. When you look at the distribution of the best Ethereum mining pools you can see that the top five pools mine more than 80% of the Ether blocks. As of late 2021, core developers stopped using the terminology, preferring ‘execution layer’ and ‘consensus layer’, respectively. Learn more about this page in our. Key Differences. 87 B. Thorium is solid under normal conditions. Report. ETC is the native cryptocurrency of the Ethereum Classic blockchain. The major impurity is commonly thorium dioxide. The Thorium browser is a fork of Chromium with some modifications to make it faster than the vanilla browser and exceptionally faster on lower-end PCs, which is what Chrome is infamous for. The live Ethereum price today is $2,076. But decentralization is too important. com. This is used to identify your digital assets. This must be at least $10 in the US and the UK and slightly more in other countries. Both of these projects provide Dapp developers with flexible programming environments to create applications and tokens. Ethereum is a secure, peer-to-peer network, with users able to interact directly with one another without the need for third-party intermediaries. View All The Team. But it also has a special role on Ethereum network. Fiat exchanges make it easy to. Besides the return the reference date on which you conduct the comparison is important. 023783 ETH, not including platform or gas fees. Ether (ETH), the native token on the blockchain network Ethereum and the second-largest cryptocurrency by market cap, is a risky and volatile investment. 53% from yesterday and is trading at. Calculate your staking rewards with our simple calculator tool. Ethereum Classic’s previous All Time High was on 6 May 2021 where ETC was priced at $167. Created by Vitalik Buterin, Ethereum is a cryptocurrency that allows smart contracts and decentralized applications (dapps) to operate on its network. The community has built a booming digital economy, bold new ways for. Ether (ETH) is the cryptocurrency token that allows for. dwyer@therium. This introductory paper was originally published in 2014 by Vitalik Buterin, the founder of Ethereum, before the project's launch in 2015. Key Takeaways. Ethereum is the name of the network. 83%. Both account types have the ability to: Receive, hold and send ETH and tokens. At its core, Web3 uses blockchains, cryptocurrencies, and NFTs to give power back to the users in the form of ownership. Download your crypto Wallet today!Ethereum’s Proof of Work. Besides being used as a digital currency, Ethereum can also. 24-hour trading volume is $ 12. Ethereum has two account types: Externally-owned account (EOA) – controlled by anyone with the private keys. It is the main ingredient in CyberLife androids's "blue blood" Thirium 310, and an active agent in the drug Red Ice. The current CoinMarketCap ranking is #2, with a live market cap of $249,691,102,887 USD. Solo staking increases the decentralization of the Ethereum network, making Ethereum more censorship-resistant and robust against attacks. Pythagorean theorem. Best for Convenience: MetaMask. Ethereum networks are groups of connected computers that communicate using the Ethereum protocol. The current price of Ethereum is $1,962. Although Bitcoin and Ethereum are powered by the distributed ledgers, the two differ in many technical ways, let me help you in. A cryptocurrency is a digital, encrypted, and decentralized medium of exchange. 04195, number of holders 1,774,678 and updated information of the token. Although a standard thorium reactor is fueled uranium-233 isotope, there is no need for uranium enrichment with this technology. It is the fuel that runs the network. Ethereum is more than a form of crypto, it’s a programmable blockchain platform with the capacity to support smart contracts, dapps (decentralized apps), and other DeFi projects. This means you can exchange 5 ETH for A$14,996. 82 during 2023, rising to $3845 in 2024, and eventually $5047. Ethereum Classic (ETC) is an open-source, blockchain computing platform and cryptocurrency. A light client embedded in the rollup could be used to protect against corrupted oracles because the deposit into the bridge could come with a proof that can be verified by the rollup before releasing any tokens. It does payouts in ETH BEP-20, which is the Ethereum token on the Binance Smart Chain. Ethereum expanded the possibilities of. Records of these transactions are absolute, accurate, and securely shared across the network for added transparency among users. org makes the same shift. Ethereum Classic is the original version of Ethereum that was launched in 2015. Category. 15 hours ago · As the market's only Ethereum L2 with native yield for , Blast is the result of Blur's founder Tieshun Roquerre recognizing a need for a new L2 optimistic rollup solution with native yield. Instead, Ethereum calls itself a decentralized data. 11 hours ago · Ethereum is currently facing resistance around the $2,133 mark. ”. Ether is the native token on Ethereum's blockchain. ETH’s value drastically increased in terms of Ethereum to USD, or ETH to USD, in the years following, reaching price highs of more than. Ethereum is a decentralized platform in blockchain and Ether (ETH) is the cryptocurrency asset for Ethereum and it is the second most popular cryptocurrency after BTC. Within two years of its release, it was ranked the second best blockchain network, Bitcoin is the first. Thorium is a radioactive chemical element that could in theory be used to generate large quantities of low-carbon electricity in future decades. Website last. Top 10 Holders 37. A gwei is one-billionth of one ETH. Sharding is a planned part of Ethereum 2. Address. Ethereum is up 3. Validators are like the record-keepers of Ethereum—they check and prove that no. But unlike uranium which splits and releases energy, thorium goes through a series of nuclear reactions when exposed to neutrons until it emerges as an isotope of uranium called U-233. Russian-Canadian programmer and writer Vitalik Buterin founded Ethereum in 2013. 57B USD. Smart contracts are computer protocols that facilitate, verify, or enforce the negotiation and performance of some sort of agreement. Web3 has become a catch-all term for the vision of a new, better internet. 10. First, click on “Wallet,” located at the top-right corner of OpenSea. Most wallet products will let you generate an Ethereum account. Interact with deployed smart contracts. , Editor-In-Chief Fact Checked Last. Interactive Chart for Ethereum USD (ETH-USD), analyze all the data with a huge range of indicators. 1. A sample of thorium. In a typical organizational structure, the executive team or a board of directors may have the final say in decision-making. Ethereum Classic is a blockchain -based distributed computing platform which offers smart contract (scripting) functionality. 3. Think of the Ethereum blockchain as a giant computer network on which developers can build decentralized applications (dApps) that. Ethereum’s price today is US$2,086. MEV, the Invisible Tax on Ethereum Users. This means that the more miners there are in the network, the higher the hash. Whenever you want to spend Ether, Ledger signs in using the private key stored on the device. 3. MEW (MyEtherWallet) is a free, client-side interface helping you interact with the Ethereum blockchain. It is influenced by C++, Python, and JavaScript. Geth (go-ethereum) is a Go implementation of Ethereum - a gateway into the decentralized web. We're Hiring!Monazite is a primarily reddish-brown phosphate mineral that contains rare-earth elements. Needless to say, the best way to improve your trading skills is by being consistent and dedicated to learning the market, changing your strategy if something doesn’t work. CryptoKitties: A game for collecting and breeding funny looking digital cats. Element Thorium (Th), Group 20, Atomic Number 90, f-block, Mass 232. 0, the merge is an upgraded version of the Ethereum blockchain that uses a proof-of-stake consensus mechanism to verify transactions via. You can create an Ethereum account from anywhere, at any time, and explore a world of apps or. A blockchain is a system that records and verifies digital transactions across multiple computers on a peer-to-peer network. Image by yurii romanov, Vecteezy. Ethereum does too, but it can also run code that enables people to create apps and organizations. Similar to how a good energy booster gives a rush to the normal chores, an EVM pumps the developers with the ability to create smart contracts and DApps in the Solidity. ~/. Ethereum's energy consumption is approximately ~0. 44% in the past 24 hours to trade at $37,381. Ether (ETH) is Ethereum’s cryptocurrency. Vitaly Dmitrievich Buterin ( Russian: Вита́лий Дми́триевич Буте́рин ), better known as Vitalik Buterin (Russian: Вита́лик Буте́рин, born 31 January [2] 1994), is a Russian-Canadian computer programmer, and co-founder of Ethereum. Wei is an original member of the cypherpunk movement in the 1990s whose members eventually developed the theoretical basis for cryptocurrency in the 2010s. In the past five years, its price skyrocketed 537%. In his proto-crypto manifesto for a. Similar to Bitcoin, Ethereum is a distributed public blockchain network. Without the EVM, developers wouldn’t be able to implement the numerous dApps (decentralized applications) for which. 25M yesterday and down from 120. ETH is +0. Thorium-based nuclear power generation is fueled primarily by the nuclear fission of the isotope uranium-233 produced from the fertile element thorium. 45 MH/s, representing the global Ethereum network hashrate with a mining difficulty of 1. Introduction to dapps. More info. The gas limit is 21,000 units, the base fee is 100 gwei, and Alice includes a tip of 10 gwei. On October 24, Science, Technology and Innovation Minister Chang. ‘Ether’ is the Ethereum network’s currency, and it is used for running. This fee is an incentive for a block producer to process and verify what you're trying to do. Ethereum is a platform for exchanging digital currency that has no physical counterpart. 79% increase from the previous day’s value. As of January 24, 2022, the Ethereum Foundation no longer refers to this upgrade as "Eth2" or "Ethereum 2. Thorium-based nuclear power generation is fueled primarily by the nuclear fission of the isotope uranium-233 produced from the fertile element thorium. Best for Smart Contracts: Myetherwallet (MEW) While all leading cryptocurrency wallets provide a high level of. The price of Ethereum has risen by 0. Besides being used as a digital currency, Ethereum can also. Chromium fork for Linux, Windows, MacOS, Android, and Raspberry Pi named after radioactive element No. Bugsby Property has provided a glimmer of hope for litigation funders about how courts will interpret this. The full source code of Ganache is on GitHub! We welcome all contributions and feature suggestions. View All The Team. Ethereum is a technology that's home to digital money, global payments, and applications. Ethereum Classic, ETC could hit $34. Price Prediction. Ethereum ( ETH -1. It’s both resilient and flexible: any computer program can run on Ethereum. So Ethereum is the basic building block of the DeFi space. Ethereum Classic’s price at the same time last week was $18. In the crypto’s own words, Ethereum is “a global, decentralized platform for money and new kinds of applications,” with thousands of games and financial apps running on top of the Ethereum. Our highly intuitive trading platform lets you set up an account in minutes. While several years old, we maintain this paper. Ethereum is an open source, distributed software platform and cryptocurrency built off of blockchain technology. The Ethereum Average Gas Price Chart shows the daily gas price used of the Ethereum network. Ethereum is an open-source software protocol upon which most of the DeFi and NFT ecosystems are built. Ethereum is an open software blockchain network originally designed by Vitalik Buterin, Gavin Wood, and Joseph Lubin. The listening socket is placed into the data directory by default. Price (USD) ethereum Highcharts. With Ethereum’s state machine, we begin with a “genesis state. Gas Price: Amount of ETH a user is prepared to pay for each unit of gas. It can be synthesized with rare minerals mined in the Arctic. Step 1: Create an eToro account. Ethereum’s Proof of Work. In simple words, EVM is a virtual machine or a cloud. ETH has a circulating supply of 120. The meaning of -THERIUM is beast : animal —in generic names of extinct mammalian forms. EVM compatibility is the ability to write and run a smart contract code compatible with the EVM; thus, it can be interpreted by the Ethereum nodes. Ethereum is a Layer 1 (often abbreviated as “L1”) blockchain, which means it executes and validates transactions independently without assistance. The highest price of ETH in the last year was $2,128. As the Ethereum website puts it, "Ethereum is a decentralized platform that runs smart contracts. This isotope makes up nearly all natural thorium, so thorium was considered to. Meanwhile, Shiba Memu (SHMU), an upcoming Ethereum ERC-20 token, surpassed $4. MEV is an abbreviation of “Miner Extractable Value” or “Maximal Extractable Value. The total number of BTC coins in circulation stands at 19,460,243 btc and $17. But the decentralized Ethereum network also makes it possible to create and run applications, smart contracts and other transactions on. Ethereum Virtual Machine is a computation engine that implements smart contracts and updates the state of the Ethereum blockchain after a block is added. ET today), holding steady above the key psychological level of $2,000 per token. 2 days ago · The global crypto market cap currently stands at $1. May 29-31, 2024 - Austin, Texas The biggest and most established global hub for everything crypto, blockchain and Web3. It was discovered in 1828 by Swedish chemist Jons Jakob Berzelius, who named it after Thor, the Norse god of thunder. Written in C++ and using the LLVM Project compiler, EVM is a special state machine that operates continuously and whose immutable operations determine the state of each block in the Ethereum. Ethereum has two account types: Externally-owned account (EOA) – controlled by anyone with the private keys. As thorium breaks down, it releases small amounts of radiation. Ethereum is a global, decentralized platform for money and new kinds of applications. 64 yesterday and up from 19. You can stake ETH to earn rewards. Withdraw ETH into a Wallet. The ether cryptocurrency is the "fuel" that powers the network, and you can invest in the Ethereum network. 1 day ago · The recent English High Court decision in Therium v. Ethereum's native cryptocurrency is Ether (ETH). Learn more and find out how to get started: What Is Ethereum? Built on a blockchain network, Ethereum is a global, decentralised platform for digital money, smart contracts, and applications. Basic information for a b. Total ETH supply: ~120,520,000 ETH (at time of The Merge in September 2022) Execution layer issuance: 0. When referring to ether, most people will vocally use " Ethereum " (i. The ultimate guide to understand Ethereum in simple words. 22%. 16, down from 45. In just the past hour, the price grew by 0. Get the Enkrypt Extension. It decays by alpha decay to radium-228; its decay chain terminates at stable lead-208. The Ethereum Virtual Machine makes the process of creating new tokens on Ethereum Blockchain easy. Ethereum enables the smart contracts and applications built on its blockchain to run smoothly without fraud, downtime, control,. You can think of Ethereum as the foundation of a home. Therium provides funding to claimants, law firms and corporates for meritorious cases including banking and financial markets cases, securities and shareholder disputes,. Because validators will not need to purchase and operate expensive mining equipment, it will reduce the barrier. Faucet Timer: 1 hour. . Ethereum is a green blockchain. Impersonation mode Use any wallet in read-only mode with just an address. In a nutshell: Ethereum is a powerful, decentralised, super computer running on blockchain technology. Transaction records are immutable, verifiable, and securely distributed across. Step #1: Mining Pool Selection. Smart contracts are software that allows. Bitcoin and Ethereum are fundamentally different because the former was designed to enable decentralised finance while the latter was designed to also enable apps and contracts. The price of Ethereum (ETH) is $2,061. It burns magnificently with a white light when heated in the air. In brief. " Wouter Kampmann. 2 Natural Decay Series: Uranium-235 Uranium-235* Protactinium-231* Actinium-227 Thorium-231 α α 700 million years 33,000 years 26 hours β Thorium-227*Return comparison of all Ethereum ETFs/ETNs. What is Ethereum Summary. Like bitcoin, it’s built on blockchain technology — essentially a distributed computer network that records all cryptocurrency transactions. The second most popular token, Ethereum, is up 0. Ethereum is used for building decentralized apps (dApps), holding and transacting cryptocurrency and other digital assets, and creating new cryptocurrencies. 70. 82 USD. The Ethereum Virtual Machine (EVM) has been described as a global supercomputer. Ethereum is a blockchain network that makes it possible to use decentralized applications and cryptocurrencies on the same blockchain. When people talk about the price of Ethereum, they're referring to ETH the asset. Also known as thoria, it is produced mainly as a by-product of lanthanide and uranium production. A ETH mining difficulty of 1. The current value of 1 ETH is $2,102. It has a half life of 14 billion years, which makes it the longest-lived isotope of thorium.