Ethereum (ETH) Review (2023)

This is an in-depth Ethereum review that covers many different attributes and metrics.

Table of Contents

  1. What is Ethereum?
  2. Who is the Ethereum founder?
  3. What is Ethereum's ticker?
  4. How fast is Ethereum?
  5. What is Ethereum's block time?
  6. Can you mine Ethereum?
  7. Does Ethereum have smart contracts?
  8. Is Ethereum EVM compatible?
  9. Is Ethereum dead?

Review

What is Ethereum?

Ethereum is an open software platform based on blockchain technology that enables developers to build and deploy decentralized applications. It acts as a kind of Bitcoin for the Internet—a distributed, worldwide system for applications (DApps) that run exactly as programmed without any chance of fraud, censorship or third-party interference.

Who is the Ethereum founder?

Ethereum was founded by Vitalik Buterin.

What is Ethereum's ticker?

Ethereum's ticker is ETH.

How fast is Ethereum?

Ethereum can process an estimated 27 transactions per second.

What is Ethereum's block time?

Ethereum's block time is approximately 12 seconds. This means that every 12 seconds, the Ethereum blockchain produces a new block.

Can you mine Ethereum?

No, you cannot mine Ethereum. Ethereum is a PoS blockchain.

Does Ethereum have smart contracts?

Yes, Ethereum has smart contracts. Therefore it supports DeFi and NFTs.

Is Ethereum EVM compatible?

Yes, Ethereum is EVM compatible. You can use it with popular Web3 wallets like Metamask. It supports smart contracts, DeFi, NFTs, dApps, and more.

Is Ethereum dead?

No, blockchains don't die. They're specifically designed not to die. Provided there is a node running, Ethereum will remain in use. Sure, there may be exploits, or a lul in user activity, but these are resolvable.

How does Ethereum compare with other blockchains?

Ethereum Links