#BullishIPO #ETH

#Ethereum is a decentralized and open-source blockchain that forms the infrastructure for many cryptocurrencies thanks to the ERC-20 code system.[2] The institutional cryptocurrency of the Ethereum blockchain is Ether.[3] Ether is the virtual currency with the second largest market capitalization after Bitcoin.

Ether, or its abbreviated form ETH, is the cryptocurrency produced by the Ethereum platform. Ether can be exchanged between crypto wallets and can be used to cover mining computations. Ethereum allows the use of a decentralized Turing virtual machine [Ethereum Virtual Machine (EVM)]. This virtual machine can execute commands using the international internet network. "Gas" is an internal price calculation mechanism used to reduce spam risk and to allocate resources to the Internet.

As of January 2016, the Ethereum protocol has reached the capability of processing 25 transactions per second.[8] On December 19, 2016, Ethereum surpassed one million transactions in a single day for the first time.

The native cryptocurrency of the Ethereum network, which is the second largest cryptocurrency, Ether (ETH), reached an all-time high of 4,366 dollars on October 21, 2021.