Ethereum (ETH) Cambio

What is Ethereum?

First and foremost, Ethereum is an open-source platform that allows building decentralized applications (DApps) with the help of smart contract technology. Launched in 2015, it has experienced a tremendous increase in popularity: today, there are hundreds of Ethereum-based tokens. Thanks to the easily programmable ERC-20 token format, there was a great ICO boom in 2017 and the DeFi hype in 2020. Both crazes were mainly based on Ethereum.

The platform has been established by 8 co-founders. At the moment, it is led by a large team. However, it is only Vitalik Buterin who is performing the role of the project’s curator.

Ether, or ETH, is the native cryptocurrency of Ethereum. It’s ranking 2nd on Coinmarketcap with a constantly growing price over $500. Ethereum’s market cap is over $66MM. There is no max supply, and the current supply exceeds 113.5MM.