Ethereum is a decentralized, open-source blockchain network and computing platform powered by its native cryptocurrency, Ether (ETH).

Key Features of Ethereum

  • Smart Contracts: Publicly verifiable code that automatically executes agreements when set conditions are met.

  • Proof-of-Stake Consensus:

  • Replaced energy-heavy mining in 2022 to secure the network using staked ETH.

  • Market Status: Currently the second-largest cryptocurrency by market capitalization (valued around $233 billion).

  • Read more details directly on ethereum.org.