Ethereum (ETH)

Basic Information

Introduction

Ethereum is a decentralized, open-source blockchain with smart contract functionality. ETH (Ξ) is the native cryptocurrency on the platform. Ethereum was released in 2013 by programmer Vitalik Buterin. Other founders of Ethereum are Gavin Wood, Charles Hoskinson, Anthony Di Iorio and Joseph Lubin. They crafted this cryptocurrency and built the network. The network Ethereum went live on 30 July 2015. ETH is not only designed for typical financial intermediaries like brokerages and exchanges, but also allows for the creation and exchange of NFTs.

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