Skip to content

What is Ethereum?

A decentralized, open-source blockchain featuring smart contract functionality.

Key details

Smart Contracts
Self-executing contracts with the terms directly written into code.
Ether
The native cryptocurrency of the Ethereum network.
Decentralized Applications (dApps)
Applications that run on the Ethereum network.
Ethereum Virtual Machine (EVM)
The runtime environment for smart contracts in Ethereum.
Gas
The fee required to conduct a transaction or execute a contract on Ethereum.

Examples

  1. 01Creating and trading non-fungible tokens (NFTs).
  2. 02Decentralized finance (DeFi) applications like lending and borrowing platforms.
  3. 03Decentralized autonomous organizations (DAOs) for collective decision-making.