Bitcoin and Ethereum Stuck in Range, DOGE and XRP Gain
April 25, 2025
Why DeFi agents need a private brain
May 4, 2025
Crypto Travelers Spend More, Prefer Luxury: Report
May 23, 2025
Ethereum is a decentralized platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It is based on blockchain technology and allows for the creation of custom tokens, known as ERC-20 tokens, which can be used for a variety of purposes within the Ethereum ecosystem.
One of the key features of Ethereum is its ability to execute smart contracts, which are self-executing contracts with the terms of the agreement between buyer and seller directly written into code. This eliminates the need for intermediaries and ensures that contracts are executed exactly as agreed upon, without the risk of fraud or censorship.
Ethereum also allows for the development of decentralized applications, which are applications that run on a network of computers rather than a single server. This makes dApps more secure, as they are not controlled by a single entity, and more transparent, as all transactions are recorded on the blockchain for anyone to see.
Another important aspect of Ethereum is its scalability. The platform has been designed to handle a large number of transactions per second, making it suitable for a wide range of applications, from simple token transfers to complex financial instruments.
Overall, Ethereum is a powerful platform that is revolutionizing the way we think about contracts, applications, and transactions. Its decentralized nature, smart contract functionality, and scalability make it an attractive option for developers looking to build innovative solutions in a secure and transparent manner. Whether you are a developer looking to create a new dApp or a user looking to participate in the growing Ethereum ecosystem, Ethereum offers a wide range of possibilities for the future of blockchain technology.
What is Ethereum?
Ethereum is a decentralized platform that enables smart contracts and decentralized applications to be built and operated without any downtime, fraud, control, or interference from a third party.
How is Ethereum different from Bitcoin?
While both are cryptocurrencies, Ethereum is a platform that allows developers to build decentralized applications, while Bitcoin is purely a digital currency.
What is Ether (ETH)?
Ether is the cryptocurrency used within the Ethereum network to facilitate transactions and pay for computational services.
How do smart contracts work on Ethereum?
Smart contracts are self-executing contracts with terms directly written into code. They automatically execute actions when predefined conditions are met on the Ethereum blockchain.
Can I mine Ethereum?
Yes, Ethereum can be mined using powerful computer hardware to validate transactions and secure the network. Mining rewards miners with newly minted Ether.
Opinion by: Matt Mudano, CEO of Arch Labs Ethereum is struggling, and decentralized finance (DeFi) is suffering as a result. Layer-2 ...
Read moreWhat are zero-click attacks? Zero-click attacks allow bad actors to access your cryptocurrencies without any input from you.Imagine opening your ...
Read moreStandard Chartered has initiated coverage on Avalanche (AVAX) with a bullish long-term outlook, forecasting a 10x price increase by 2029.The ...
Read moreAn Irish man has admitted to accepting $5000 per month in cryptocurrency to spy on payroll management company Rippling on ...
Read moreEthereum core developers have confirmed that the highly anticipated Pectra upgrade will be deployed on May 7.Nixo Rokish, a member ...
Read more"Tornado is dead, but privacy won't die," an ether enthusiast said on X after Oxbow's Ethereum privacy tools went live ...
Read moreEY has rebuilt its enterprise-focused Ethereum layer-2 blockchain Nightfall as a zero-knowledge rollup, eliminating waiting periods for transaction finality and ...
Read moreFidelity Investments is launching zero-fee retirement plans that will provide investors exposure to three major cryptocurrencies, including Bitcoin (BTC), Ethereum ...
Read moreEther (ETH) price has risen 6.4% from its March 30 $1,768 low but the altcoin has struggled to regain the ...
Read moreFund manager Fidelity is allowing its clients to invest in Bitcoin, Ethereum and Litecoin via individual retirement accounts. Starting Wednesday, investors ...
Read more© 2025 Btc04.com