Ethereum (ETH)

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Truth & Facts[edit]

  • Ethereum is a decentralized cryptocurrency featuring blockchain app platform and smart contract.
  • Ether is the cryptocurrency token for Ethereum. Ether is also known as the crypto-fuel for the Ethereum network.
  • Decentralized blockchain computing platform featuring smart contract.
  • Provides the Ethereum Virtual Machine (EVM), a decentralized Turing-complete virtual machine, which execute scripts using network of public nodes.
  • Proposed by Vitalik Buterin in late 2013. Vitalik Buterin is an inventor of Ethereum, protocol developer and researcher.
  • Transactions per second (TPS) for Ethereum: 15
  • Currently is considered the second most popular cryptocurrency after Bitcoin.


  • Slogan: Blockchain App Platform
  • Build unstoppable applications on Ethereum platform, which is a decentralized platform that runs smart contract.

Story and history

  • Split and forked into Ethereum (ETH) and Ethereum Classic (ETC) on 20 Jul 2016, on block 1920001. Ethereum Classic is the original and Ethereum is the new forked version instead. This is due to the collapse of 'The DAO' project.

Video Playlist[edit]

Ethereum: the World Computer

  • How will the internet work in the future? It will use Ethereum.
  • Ethereum is a planetary scale computer, powered by blockchain technology.
  • Applications built on Ethereum, run exactly is programmed.
  • Without any possibility of downtime, censorship, or third party interference.
  • Ethereum is the secure backbone for everything from e-commerce to the Internet of things, enabling transparent governments for communities and businesses, while keeping user communication secure.
  • Mix the Ethereum id makes it easy to develop, debug and deploy your applications.
  • While building UIs is done using your existing web development skills, tools and favorite frameworks.
  • Ethereum handles user authentication and secure payments for you, as well as messaging and even decentralized storage.
  • And there's no need to sign up or pay for servers to host your applications.
  • As Ethereum is the world's first zero infrastructure platform.
  • Allowing your users to regain control over the management of their own funds and personal data.
  • Joining the many already developing on Ethereum.


  • Measurement for Ethereum:
  1. Eth: 95 million Eth at the moment.
  2. wei: 95 septillion wei on today.

Frequently asked questions[edit]

  • Ethereum VS Bitcoin, what is the current status and situation?
Currently Bitcoin is the most valuable currency in the world followed by Ethereum. Bitcoin has the network of money while Ethereum has the network of developers. But according to Zooko Wilcox, network of developers are more important than the network of money in the long run.[1]