Ethereum

Smart contract network

Ethereum is a decentralized blockchain platform that enables smart contracts—programs that execute automatically when conditions are met.

Its cryptocurrency is called ether (ETH), often loosely called ethereum in casual usage.

Unlike Bitcoin, which primarily functions as digital currency, Ethereum was designed as a programmable platform for building decentralized applications: Most NFTs are minted on Ethereum.

tokens

NFT

Blockchain-verified digital ownership

burning · airdrop · stablecoin · tokenomics · supply · transfer · approve · allowance · metadata

blockchain

smart contracts

Self-enforcing coded agreements

sharding · nodes · validators · state · transactions · blocks · finality · rollups · sidechains · web3

cryptocurrency

altcoin

Alternative digital currency

market cap · volatility · whale · bull run · bear market · liquidity · gas price · cold storage · private key · public address

DeFi

lending

Temporary provision of resources

swaps · slippage · vaults · protocols · permissionless

governance

proposal

Formal plan for consideration

  • votingFormally registering a choice
  • forkTined eating tool
  • upgradeRaise to higher standard

community · foundation · roadmap · decentralization · treasury · delegation · quorum · snapshot

investment

portfolio

Collected works or assets

volatility · risk · returns · accumulation · entry point · exit strategy · market cycle · allocation · long-term · short-term

development

bytecode

Compiled platform-neutral instructions

auditing

Categories
Opposites
blockchain platform philosophy

EthereumBitcoin

Peer-to-peer electronic cash

Ripple · Solana · Cardano

currency form

Ethereumcash

Ready spending funds

gold · fiat currency · paper money · coins · banknotes

financial system type

Ethereumcentral banking

State management of currency

Federal Reserve · SWIFT · Wall Street · Visa · Mastercard

Phrases
Family

ethereal, ethereally, etherealness

Familiarity
Top 500,000
Profile
Used worldwide · Abstract · Rated G