ETH

Date:2022-02-17 21:43:54

(ETH) Introduction

eth abbreviation:ETH

Release date : 30/07/2015
  • Project basic information

    Issue Time:2015-07-15
    Total Supply:119,621,753
    Circulation :119,621,753
    Whitepaper:https://ethereum.org/en/whitepaper/
    Website:https://ethereum.org/en/
    Block Explorer:https://etherscan.io/

  • Project Introduction

    Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.Additional founders of Ethereum included Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. In 2014, development work commenced and was crowdfunded, and the network went live on 30 July 2015.The platform allows anyone to deploy permanent and immutable decentralized applications onto it, with which users can interact. Decentralized finance (DeFi) applications provide a broad array of financial services without the need for typical financial intermediaries like brokerages, exchanges, or banks, such as allowing cryptocurrency users to borrow against their holdings or lend them out for interest.Ethereum also allows for the creation and exchange of NFTs, which are non-interchangeable tokens connected to digital works of art or other real-world items and sold as unique digital property. Additionally, many other cryptocurrencies operate as ERC-20 tokens on top of the Ethereum blockchain and have utilized the platform for initial coin offerings. Ethereum has started implementing a series of upgrades called Ethereum 2.0, which includes a transition to proof of stake and aims to increase transaction throughput using sharding.

Specification

Frontend Title:Ethereum Symbol:eth English abbreviation:ETH
Developers:Vitalik Buterin The core algorithm:Ethash Release date:30/07/2015
Block speed:8 Circulating Supply:119,621,753 Stock:119,621,753
Proof way:https://bscscan.com/address/0x2170ed0880ac9a755fd2 Difficulty adjustment: Block Bonus::
Key Features:
Shortcomings::