Ethereum

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Ethereum is a decentralized platform that can be used for currency and various applications. Ether (ETH) is the primary currency of the platform.

Ethereum’s standout feature is its capability to support smart contracts. The platform was created by Russian developer Vitalik Buterin and a few other co-founders when it was just 20 years old. Launched on July 30, 2015, Ethereum’s digital currency, Ether, ranks second in terms of market value, with a market capitalization of $24 billion as of February 10, 2020, following Bitcoin.

You can learn more in the Ethereum Guide.

Additionally, the Ethereum Guide, where you can find information about Ethereum 2.0, will continue to be updated.

Ethereum 2.0 represents the next-generation version of the Ethereum blockchain. It aims to address the scalability issues that were encountered with the initial version, Ethereum 1.0. In its current state, Ethereum 1.0 can process an average of 15 transactions per second, which is insufficient. Those who closely follow Ethereum may recall how the CryptoKitties game on the Ethereum platform once caused network congestion. Insufficient capacity has led to a significant increase in transaction fees, with fees reaching hundreds of dollars in recent times. High fees and extended transaction times have become significant obstacles to using Ethereum and developing on it, making it increasingly challenging to use the network for DeFi applications and NFT transactions.

Ethereum

Ethereum is a decentralized platform that can be used for currency and various applications. Ether (ETH) is the primary currency of the platform.

Ethereum’s standout feature is its capability to support smart contracts. The platform was created by Russian developer Vitalik Buterin and a few other co-founders when it was just 20 years old. Launched on July 30, 2015, Ethereum’s digital currency, Ether, ranks second in terms of market value, with a market capitalization of $24 billion as of February 10, 2020, following Bitcoin.

You can learn more in the Ethereum Guide.

Additionally, the Ethereum Guide, where you can find information about Ethereum 2.0, will continue to be updated.

Ethereum 2.0 represents the next-generation version of the Ethereum blockchain. It aims to address the scalability issues that were encountered with the initial version, Ethereum 1.0. In its current state, Ethereum 1.0 can process an average of 15 transactions per second, which is insufficient. Those who closely follow Ethereum may recall how the CryptoKitties game on the Ethereum platform once caused network congestion. Insufficient capacity has led to a significant increase in transaction fees, with fees reaching hundreds of dollars in recent times. High fees and extended transaction times have become significant obstacles to using Ethereum and developing on it, making it increasingly challenging to use the network for DeFi applications and NFT transactions.

SEC investigating Ethereum Foundation: Fortune

While the cryptocurrency markets were shaken by the investigation into the Ethereum Foundation, Fortune from the US media wrote that the SEC was behind this investigation.