What is Ethereum?
Ethereum is the leading smart contract platform, powering thousands of decentralized applications, DeFi protocols, and NFT marketplaces. Created by Vitalik Buterin and launched in 2015, Ethereum introduced programmable blockchain technology to the world.
Key Features
- Technology: Smart contract platform with EVM
- Use Case: DeFi, NFTs, dApps
- Consensus: Proof of Stake
- Launch Year: 2015
How Does Ethereum Work?
Ethereum operates on a proof-of-stake blockchain that enables smart contracts. The network is designed to provide a decentralized platform for applications. ETH tokens are used for gas fees, staking, and governance.
How to Buy ETH
You can purchase ETH on major cryptocurrency exchanges including:
Storing ETH Safely
For long-term storage, consider using a hardware wallet like Ledger Nano X or a software wallet that supports Ethereum. Always keep your private keys secure and never share them.
Ethereum Price Analysis
Ethereum has shown significant growth over the past year. As with all cryptocurrencies, ETH is subject to market volatility. Always do your own research before investing.