What is Ethereum (ETH)?

Ethereum 

What is Ethereum (ETH)?

Ethereum may be a world, ASCII text file platform for localized applications. On Ethereum, you'll be able to write code that controls digital worth, runs precisely as programmed, and is accessible anyplace within the world.Ethereum is the foundation for a brand new era of the internet:

An internet wherever cash and payments are in-built.

An internet wherever users will own their information, and your apps don’t spy and steal from you.

An internet wherever everybody has access to AN open financial set-up.

An internet designed on neutral, open-access infrastructure, controlled by no company or person.

Launched in 2015, Ethereum is that the world’s programmable blockchain. Like alternative blockchains, Ethereum incorporates a native cryptocurrency known as Ether (ETH). ETH is digital cash. If you’ve detected Bitcoin, ETH has several identical options. it's strictly digital, and might be sent to anyone anyplace within the world instantly. the provision of ETH isn’t controlled by any government or company - it's localized, and it's scarce. individuals everywhere the planet use ETH to create payments, as a store useful, or as collateral.

But in contrast to alternative blockchains, Ethereum will do way more. Ethereum is programmable, which implies that developers will use it to make new sorts of applications.

These localized applications (or “apps”) gain the advantages of cryptocurrency and blockchain technology. they're reliable and certain, that means that after they're “uploaded” to Ethereum, they're going to continually run as programmed. they'll management digital assets so as to make new sorts of money applications. they'll be localized, which means that no single entity or person controls them.

Right now, thousands of developers everywhere the planet ar building applications on Ethereum, and inventing new sorts of applications, several of that you'll be able to use today:

Cryptocurrency wallets that allow you to create low-cost, instant payments with ETH or alternative assets

Financial applications that allow you to borrow, lend or invest your digital assets

Decentralized markets, that allow you to trade digital assets, or maybe trade “predictions” concerning events within the universe.

Games wherever you own in-game assets, and might even create a real cash

And much, much more.

The Ethereum community is the largest and most active blockchain community within the world. It includes core protocol developers, crypto-economic researchers, artists, cypherpunks, mining organizations, ETH holders, gamers, app developers, grandmothers, anarchists, fortune five hundred corporations, and, as of now, you.

Etherium is an open-source and there is no control of any company or organization or any centralized system. Ethereum is maintained and improved over time by a various world community of contributors World Health Organization work on everything from the core protocol to client applications. This web site, rather like the remainder of Ethereum, was designed - and continues to be designed - by a set of individuals operating alone.

Welcome to Ethereum.

Not sure wherever to travel next?

Want to urge started victimization Ethereum? check up on some applications designed on Ethereum.

Curious to be told a lot about Ethereum and its technology? read our Ethereum guides and learning resources or scan the first Ethereum whitepaper.

Are you a developer fascinated by building on Ethereum? start building on Ethereum here.