$ETH Here's a breakdown of what makes Ethereum stand out:
* Programmable Blockchain: Unlike Bitcoin, which primarily focuses on peer-to-peer payments, Ethereum introduced a blockchain with a built-in Turing-complete programming language. This allows developers to create and deploy various decentralized applications (dApps) and smart contracts.
* Smart Contracts: These are self-executing agreements coded directly onto the blockchain. They operate on "if, then" logic, automatically triggering actions when predefined conditions are met, eliminating the need for intermediaries.
* Ethereum Virtual Machine (EVM): The EVM acts as the "engine" that powers dApps and smart contracts on the Ethereum network, ensuring that code is executed consistently across all nodes.
* Ether (ETH): ETH is used to pay for transactions and computational services (known as "gas fees") on the network. It can also be used for goods and services where accepted.
* Decentralized Applications (dApps): Ethereum is the foundation for a wide range of emerging technological advances based on blockchain, including Decentralized Finance (DeFi) platforms, NFT ecosystems, and Decentralized Autonomous Organizations (DAOs).
Current Status (as of June 14, 2025):
* Price: The live price of Ethereum (ETH) is approximately $2,550.27 USD.
* Market Cap: Ethereum's current market capitalization is around $307.87 billion USD.
* Circulating Supply: The circulating supply of ETH is approximately 120.72 million.
Ethereum Whitepaper:
The Ethereum whitepaper, authored by Vitalik Buterin in 2013, laid out the vision for a decentralized platform that extends beyond simple monetary transactions. It introduced the concept of a programmable blockchain capable of running smart contracts and outlined key elements like the EVM and the use of Ether.