What is Ethereum (ETH)?

Ethereum (ETH) is a smart contract platform that enables developers to build decentralized applications (dapps) conceptualized by Vitalik Buterin in 2013. ETH is the native currency for the Ethereum platform and also works as the transaction fees to miners on the Ethereum network. Ethereum is the pioneer for blockchain based smart contracts.

How much does 63 ethereums (ETH) cost in United States dollars?

The cost of 63 Ethereums (ETH) in United States Dollars for a month (30 days) increased by +$33,326.19 (thirty-three thousand three hundred twenty-six dollars nineteen cents).

What is eth and how does it work?

ETH is the lifeblood of Ethereum. When you send ETH or use an Ethereum application, you'll pay a small fee in ETH to use the Ethereum network. This fee is an incentive for a miner to process and verify what you're trying to do. Miners are like the record-keepers of Ethereum – they check and prove that no one is cheating.

What is an Ethereum stake?

An Ethereum stake is when you deposit ETH (acting as a validator) on Ethereum 2.0 by sending it to a deposit contract, basically acting as a miner and thus securing the network. At the time of writing in mid-December 2020, the Ethereum stake price, or the amount of money earned daily by Ethereum validators, is about 0.00403 ETH a day, or $2.36.