Report post

What is Ethereum (ETH)?

Ethereum is a general-purpose decentralized computing platform that uses blockchain technology. Ether (ETH) is Ethereum's native currency and is currently the second-largest cryptocurrency by volume. Despite its popularity and wide applications, Ethereum remains a highly speculative investment.

Does Ethereum have a cryptocurrency?

Ethereum has its own cryptocurrency, Ether, which is used to pay for certain activities on the Ethereum network. Still confused? Let's explain everything step-by-step. What is a cryptocurrency? Crypto (short for cryptocurrency) is a new form of digital money powered by cryptography. It all started in 2008 with Bitcoin.

What is a Ethereum wallet?

A wallet is a product that lets you manage your Ethereum account. It allows you to view your account balance, send transactions, and more. Most wallet products will let you generate an Ethereum account. So you don't need one before you download a wallet. There are a few ways to interface and interact with your account:

What is Ethereum blockchain & how does it work?

Central to Ethereum is its blockchain network. A blockchain is a decentralized, distributed public ledger where transactions are verified and recorded. It’s distributed in the sense that everyone participating in the Ethereum network holds an identical copy of this ledger, letting them see all past transactions.

The World's Leading Crypto Trading Platform

Get my welcome gifts