Ethereum is an open software platform launched in 2015 which allows developers to create and deploy decentralized applications and a decentralized network focused on on the execution of the programming code of any decentralized application. Ethereum is divided in two distincts currencies , Ether , the native currency used in the ecosystem to pay transaction fees and services over the Ethereum network and gas, which refers to the fee, or pricing value, required to successfully conduct a transaction or execute a contract. Finally , Ethereum is mostly known for the smart contracts, expressions used to describe computer code that can facilitate the exchanges.

This data was last updated 2021-03-08 03:55:10 UTC