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.

Table of Contents

  1. Who created Ethereum?
  2. What is Ethereum's symbol?
  3. How fast is Ethereum?
  4. What is Ethereum's block time?
  5. Can you mine Ethereum?
  6. Does Ethereum support smart contracts?
  7. Is Ethereum EVM compatible?
  8. Is Ethereum dead?

Who created Ethereum?

Ethereum was created/founded by Vitalik Buterin.

What is Ethereum's symbol?

Ethereum's ticker is ETH.

How fast is Ethereum?

Ethereum can process an estimated 27 transactions per second. Though, you should also consider block time in this equation too.

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 support smart contracts?

Yes, Ethereum has smart contracts. It can support DeFi, NFTs, gaming, and more.

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?

Blockchains don't tend to "die"... They're designed to continue running without a centralize authority or provider. If there's still a node running, Ethereum will remain in use. Sure, there may be exploits, or luls in user activity, but generally it should keep running!

Ethereum comparisons

Compare Ethereum with other blockchains to see how it stacks up.

We've compared Ethereum with 18 other blockchains. Click on a comparison to learn more!

Ethereum's social links

Find out more about Ethereum by visiting their official channels!