What is Ethereum (ETH)?

Ethereum is a decentralized blockchain with smart contract functionality. Ether ( Abbreviation: ETH; [a] sign: Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software . Ethereum was conceived in 2013 by programmer Vitalik Buterin.

What is the current circulating supply of Ethereum?

The current circulating supply is 120,218,193.776 ETH. This content is for informational purposes only. Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.

What is an Ethereum stake?

An Ethereum stake is when you deposit ETH (32 ETH is required to activate validator software) on Ethereum 2.0 by sending it to a deposit contract, thus helping to secure the network by storing data, processing transactions and adding new blocks to the blockchain.

What is a node in Ethereum?

It exists whenever there are connected computers running software following the Ethereum protocol and adding to the Ethereum blockchain. Each of these computers is known as a node. Nodes can be run by anyone, although to participate in securing the network you have to stake ETH (Ethereum’s native token).