#NamePriceMarket CapChangePrice Graph (24h)
Circulating Supply: 121.97M
Max Supply: N/A
Markets: Binance, Coinbase Pro, OKEx, Kraken, Huobi Global

What is Ethereum?

Ethereum is an open-source decentralized blockchain system with its own cryptocurrency, Ether. ETH serves as a platform for the execution of decentralized smart contracts as well as a platform for numerous other cryptocurrencies.

Vitalik Buterin first described Ethereum in a whitepaper in 2013. Buterin and his co-founders raised funds for the project through an online public crowd sale in the summer of 2014. The project team raised $18.3 million in Bitcoin, and the price of Ethereum in the Initial Coin Offering (ICO) was $0.311, with more than 60 million Ether sold. Using Ethereum’s current price, the annualized return on investment (ROI) is over 270%, essentially quadrupling your investment every year since the summer of 2014.

Who are the founders of Ethereum?

Ethereum has eight co-founders, which is unusually high for a cryptocurrency project. They first met in Zug, Switzerland, on June 7, 2014.

Vitalik Buterin, a Russian-Canadian, is perhaps the most well-known of the group. He wrote the first white paper describing Ethereum in 2013 and continues to work on improving the platform to this day. Buterin previously co-founded and wrote for the Bitcoin Magazine news website.

Gavin Wood, a British programmer, is arguably the second most important co-founder of ETH, having coded the first technical implementation of Ethereum in the C++ programming language, proposed Ethereum’s native programming language Solidity, and served as the Ethereum Foundation’s first chief technology officer. Wood previously worked as a research scientist at Microsoft. He then went on to found the Web3 Foundation.

Among the other Ethereum co-founders are: – Anthony Di Iorio, who underwrote the project in its early stages. – Charles Hoskinson, who was instrumental in establishing the Ethereum Foundation and its legal framework in Switzerland. – Mihai Alisie, who assisted in the establishment of the Ethereum Foundation. – Joseph Lubin, a Canadian entrepreneur who, like Di Iorio, helped fund Ethereum in its early days and later founded ConsenSys, an incubator for ETH-based startups. – Amir Chetrit, who helped co-found Ethereum but left early in its development.

Where can Ethereum be traded?

You can trade Ethereum on Digifinex, WhiteBIT, and XT.COM. Popular trading pairs for Ethereum in the market includes ETH/USD, ETH/CAD, ETH/EUR, ETH/PHP, ETH/INR, and ETH/IDR.

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