Ethereum is a decentralized open source blockchain featuring smart contract functionality. Ether (ETH) is the native cryptocurrency token of the Ethereum platform. It is the second-largest cryptocurrency by market capitalization, behind Bitcoin.[1]

Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer. Development was funded by an online crowdsale that took place between July and August 2014.[2] The system then went live on 30 July 2015, with 72 million coins minted.[3][4] Ethereum provides a decentralized replicated virtual machine, called the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes.[2] The virtual machine's instruction set is Turing-complete, in contrast to Bitcoin.

In 2016, as a result of an exploitation of a flaw in The DAO project's smart contract software, and subsequent theft of $50 million worth of Ether,[5] Ethereum was split into two separate blockchains. The new separate version became Ethereum (ETH) with the theft reversed,[6] and the original chain continued as Ethereum Classic (ETC).[7]

Ethereum is currently developing and planning to implement a series of upgrades called Ethereum 2.0.[8] Current specifications for Ethereum 2.0 include a transition to proof of stake and an increase in transaction throughput using sharding technology.[9][10]

1 eth = $389,69 USD (0,54%) 1 eth = 0,02823319 BTC (0,37%)

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@istantgeming posted 3 years ago

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