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Ethereum

Ethereum is the community-run technology powering the cryptocurrency ether (ETH) and thousands of decentralized
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Finance
Blockchain
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Currency
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ETH
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Ethereum Team
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What is Ethereum?
Ethereum is a technology that's home to digital money, global payments, and applications. The community has built a booming digital economy, bold new ways for creators to earn online, and so much more. It's open to everyone, wherever you are in the world – all you need is the internet.

A fairer financial system
Today, billions of people can’t open bank accounts, others have their payments blocked. Ethereum's decentralized finance (DeFi) system never sleeps or discriminates. With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world.

The internet of assets
Ethereum isn't just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens (NFTs). You can tokenise your art and get royalties automatically every time it's re-sold. Or use a token for something you own to take out a loan. The possibilities are growing all the time.

An open internet
Today, we gain access to 'free' internet services by giving up control of our personal data. Ethereum services are open by default – you just need a wallet. These are free and easy to set up, controlled by you, and work without any personal info.

A new frontier for development
Ethereum and its apps are transparent and open source. You can fork code and re-use functionality others have already built. If you don't want to learn a new language you can just interact with open-sourced code using JavaScript and other existing languages.

Level up your upgrade knowledge
The Ethereum roadmap consists of interconnected upgrades designed to make the network more scalable, secure, and sustainable.

Ethereum for enterprise
See how Ethereum can open up new business models, reduce your costs and future-proof your business.

The Ethereum community
Ethereum is all about community. It's made up of people from all different backgrounds and interests. See how you can join in.

Contribute to ethereum.org
This website is open source with hundreds of community contributors. You can propose edits to any of the content on this site, suggest awesome new features, or help us squash bugs.

ETHEREUM VIRTUAL MACHINE
The Ethereum Virtual Machine (EVM) is the runtime environment for smart contracts on Ethereum. All smart contracts and state changes on the Ethereum blockchain are executed by transactions. The EVM handles all of the transaction processing on the Ethereum network. As with any virtual machine, the EVM creates a level of abstraction between the executing code and the executing machine (an Ethereum node). Currently, the EVM is running on thousands of nodes distributed across the world.

NEED FOR BRIDGES
Bridges exist to connect blockchain networks. They enable connectivity and interoperability between blockchains. Blockchains exist in siloed environments, meaning there is no way for blockchains to trade and communicate with other blockchains naturally. As a result, while there could be significant activity and innovation within an ecosystem, it is limited by the lack of connectivity and interoperability with other ecosystems.

SCALING OVERVIEW
As the number of people using Ethereum has grown, the blockchain has reached certain capacity limitations. This has driven up the cost of using the network, creating the need for "scaling solutions." There are multiple solutions being researched, tested and implemented that take different approaches to achieve similar goals. The main goal of scalability is to increase transaction speed (faster finality), and transaction throughput (high transactions per second), without sacrificing decentralization or security (more on the Ethereum vision). On the layer 1 Ethereum blockchain, high demand leads to slower transactions and nonviable gas prices. Increasing the network capacity in terms of speed and throughput is fundamental to the meaningful and mass adoption of Ethereum.
Information
Type
Automated Market Maker
Blockchain
BSC
Currency
ETH
Platform
Windows, macOS
Publisher
Ethereum Team
Version
v.2.0
FAQ
There are many cryptocurrencies and lots of other tokens on Ethereum, but there are some things that only ETH can do.
Ethereum wallets are applications that let you interact with your Ethereum account. Think of it like an internet banking app – without the bank. Your wallet lets you read your balance, send transactions and connect to applications.
Contracts are just agreements. That is, any form of agreement can be encapsulated within the conditions of a contract. Verbal agreements or pen-and-paper contracts are acceptable for many things, but they aren't without flaws.
Bitcoin enables us to send basic messages to one another about what we think is valuable. Establishing value without authority is already powerful. Ethereum extends this: rather than just messages, you can write any general program, or contract. There is no limit to the kind of contracts which can be created and agreed upon, hence great innovation happens on the Ethereum network.
If you’ve ever sent money overseas (or plan to), or had to worry about the future of your assets due to external forces outside of your control where you live, or been fed up by the numerous restrictions and fees imposed by traditional financial institutions for everyday transactions, you might be interested in what cryptocurrencies have to offer.

If you're interested in more resilient, open, and trustworthy ways to create and share value, Ethereum is for you. Ethereum is a story that is written by all of us, so come and discover what incredible worlds we can build with it together.
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