Investors were drawn to EthereumMax and the EMAX token because they made a lot of promises and had cool names. But has it come through?
Ethereum (eth) Price Index
The live price of Ethereum is $1,769.36 per (Ethereum / USD) today with a current market cap of $212.65B USD. 24-hour trading volume is $8.27B USD.Ethereum to USD price is updated in real-time. Ethereum is -0.63% in the last 24 hours. It has changed a market cap of $-1.76B USD.
|High 24H||1,800.90 USD|
|Low 24H||1,752.17 USD|
|Last Price||1,769.36 USD|
|Change 24h||-1.76 B|
|Vol 24H||8.27 B|
Live Ethereum Price Chart
Overview: What is Ethereum?
With its own cryptocurrency, Ethereum is a decentralized open-source blockchain system. ETH is a platform for many other cryptocurrencies and decentralized smart contracts.
Vitalik Buterin introduced Ethereum in a 2013 whitepaper. In the summer of 2014, Buterin and his co-founders raised funds for the project through an online crowd sale. The project team raised $18.3 million in Bitcoin, and over 60 million Ether were sold in the ICO. With Ethereum's current price, the annualized return on investment (ROI) is over 270 percent, nearly quadrupling your investment since the summer of 2014.
The Ethereum Foundation launched the blockchain on July 30, 2015, as the “Frontier” prototype. It has since had several network updates: “Constantinople” on February 28, 2019, “Istanbul” on December 8, 2019, “Muir Glacier” on January 2, 2020, “Berlin” on April 14, 2021, and “London” on August 5, 2021.
Ethereum's stated goal is to become a global platform for decentralized applications, allowing users worldwide to write and run software resistant to censorship, downtime, and fraud.
Ethereum has eight co-founders, which is unusual for a crypto project. They met in Zug, Switzerland, on June 7, 2014.
Russian-Canadian The most well-known is Vitalik Buterin. He wrote the first Ethereum white paper in 2013 and continues to improve the platform. Buterin co-founded and wrote for Bitcoin Magazine before ETH.
Gavin Wood, a British programmer, is arguably the second most important co-founder of ETH, having coded the first technical implementation of Ethereum in C++, proposed Ethereum's native programming language Solidity, and served as the Ethereum Foundation's first CTO. Wood worked at Microsoft before Ethereum. Then he founded the Web3 Foundation.
- Anthony Di Iorio, who underwrote the project in its early stages. - Charles Hoskinson, who established the Ethereum Foundation and its legal framework in Switzerland. - Mihai Alisie, who helped set up the Ethereum Foundation. - Joseph Lubin, a Canadian entrepreneur who, like Di Iorio, helped fund Ethereum early on and later founded ConsenSys, an Ethereum startup incubator. - Amir Chetrit, who co-founded Ethereum but left early in development.
ETH smart contract
Ethereum invented the blockchain smart contract concept. Smart contracts are computer programs that automatically execute actions required to fulfill an internet agreement. A trusted intermediary between contractors is eliminated, lowering transaction costs while increasing transaction reliability.
Ether created a platform that allowed it to execute smart contracts using the blockchain, furthering the benefits of smart contract technology. According to co-founder Gavin Wood, Ethereum's blockchain can make any program more robust, censorship-resistant, and less prone to fraud by running it on a globally distributed network of public nodes.
The ERC-20 compatibility standard allows Ethereum's blockchain to host other cryptocurrencies, called “tokens,” in addition to smart contracts. To date, over 280,000 ERC-20-compliant tokens have been launched on the ETH platform. USDT, LINK, and BNB are among the top 100 cryptocurrencies by market capitalization. The ETH to PHP price has grown in popularity since the advent of Play2Earn games.
ETH related Video
Lachlan Feeney, the CEO of Labrys, is trying to get validators who use Flashbots' software to understand that they may be contributing to censorship on the Ethereum network.256
Within the first six months, Ribbon said it anticipates trading volumes to exceed $100 million daily.208
The famed auction house may now conduct sales and auctions 'from start to finish' on the Ethereum blockchain thanks to the new marketplace.189
By giving NFT producers the ability to create fully configurable drop pages, post photographs, videos, and more, the market place aims to place a priority on storytelling.182
The ethical exploiter congratulated Arbitrium for the 400 ETH payout but asserted that a find of this kind should be entitled to the maximum bounty of about 1,500 ETH, or $2 million.163
Buterin thinks that when decision-making authority is shared by the entire community rather than a single person or a small minority, collusion and corruption can be reduced.136
According to reports, Yuga Labs planned to sell 100,000 tokenized land plots in order to raise $50 million, but the company's co-founder calls this information 'false news.'172
Ethereum could become more centralized and vulnerable to government censorship if validators are compelled to stake 32 ETH.128
Gary Gensler, the head of the SEC, said that proof-of-stake cryptocurrencies could be subject to securities laws, but he didn't say which ones.74
Compared to the proof-of-work system, the Ethereum proof-of-stake consensus mechanism will cut energy use by a huge 99.5%.81
ETHW Core plans to break away from the main ETH blockchain and keep a PoW version going after The Merge. This will keep ETH mining going.89
With only a few days left till the eagerly anticipated Ethereum Merge, a new functionality has been added.87
As search volume reaches an all-time high, Google introduces an Ethereum Merge countdown clock.67
Shiba Inu [SHIB] price action delivers a major price move every once in a while. It has been relatively dormant until the end of August. But there was a notable increase in price activity in the first week of September.233
When the last shadow fork was finished successfully, it showed that the Ethereum network was ready to switch to a proof-of-stake consensus mechanism.154
There is a long list of new tokens with bad names, like Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down, and Rip Queen Elizabeth.114
Chainalysis says that after Merge, ETH could become independent of other cryptocurrencies because its staking rewards could make it like bonds or commodities.87
A proposal to provide Aave Companies members with $16.28 million in retroactive financing for the development of version 3 of the Aave Protocol is likely to pass.97
Since September 6th, Ethereum Classic has decreased by 13%, while Cardano's founder Charles Hoskinson advises miners to switch to Ergo. Vitalik Buterin, the founder of Ethereum, promotes the ETC mining community.94