Ethereum (ETH) is a cryptocurrency or a form of digital asset. Ethereum (ETH) price for today is $197.52 or 0.018 BTC with a 24-hour trading volume of $ 6.01 Billion. ETH price changes -1.66 % in the last 24 hours. It has a circulating supply of 107.40 Million coins and a max supply of 0 coins.
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. In the Ethereum protocol and blockchain there is a price for each operation. The general idea is, in order to have things transferred or executed by the network, you have to consume or burn Gas. The cryptocurrency is called Ether and is used to pay for computation time and for transaction fees.
If you want to earn block rewards from the network, you can join the network as a miner. Follow the link for a guide on how to mine Ethereum on a Windows Pc. The much easier but a bit more expensive way is to buy an Ethereum mining contract.
Ethereum is how the Internet was supposed to work. As long as you have enough funds to pay for your code to be run by the network, your contacts will always be up and running.
It was crowdfunded during August 2014 by fans all around the world. It is developed and maintained by ETHDEV with contributions from great minds across the globe. There is also an Ethereum foundation and there are multiple startups working with the Ethereum blockchain.
Ethereum is currently on the "Homestead" stage and all its related software is still considered Beta until the release of the next stage "Metropolis".
If you are looking for a GUI interface for your wallet, try the Ethereum Wallet DApp. It's still in beta so be careful when you use it.
|ETH/BTC Price||฿ 0.018|
|24h Vol||$ 6,006,670,520|
|Market Cap||$ 21,213,033,641|
|Full Name||Ethereum (ETH)|
|Available/Total Supply||107.40 M - 0|
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference.
These apps run on a custom built blockchain, a shared and global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past, and many other things that have not been invented yet, all without a middle man or counterparty risk.
The Ethereum sale was uncapped and ran for 42 days. The sale price was 2000 ETH for 1 BTC for the first 14 days and then started to increase linearly, finishing at 1337 ETH for 1 BTC. 31,529 BTC were raised which was worth around $18,500,000 at the time of the sale close. However, in order to pay expenses part of the BTC raised had to be sold at around 50% loss.