Cryptocurrency Lexicon Letter E

Ethereum (ETH)

A decentralized global computing platform enabling smart contracts and decentralized applications powered by its native asset, Ether.

Ethereum (ETH) glossary illustration
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In-Depth Explanation

Conceived by Vitalik Buterin in 2013 and launched in 2015, Ethereum introduced the Ethereum Virtual Machine (EVM) to turn blockchain technology into a programmable world computer.

Practical Market Example

Real-World Application

Deploying a lending protocol or NFT collection directly on the Ethereum network.

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