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Ethereum

ethereum.org

Chain stats


TPS

13.05 tx/s

Max Recorded TPS

62.34 tx/s

Block Time

12.08s

TTF

16m

What is Ethereum?


Ethereum emerges as a decentralized, open-source blockchain platform empowering developers to craft and deploy smart contracts alongside decentralized applications (dApps). Pioneering the smart contract concept, Ethereum enables self-executing agreements with terms directly encoded into its blockchain, eliminating the need for intermediaries. Additionally, Ethereum serves as a hub for the creation and exchange of NFTs (Non-Fungible Tokens) and various digital assets. Its intrinsic cryptocurrency, Ether (ETH), facilitates network transactions and incentivizes miners to uphold network security. Ethereum's evolution to Ethereum 2.0 introduces a proof-of-stake (PoS) mechanism, aiming to enhance scalability and energy efficiency.

Types:

Layer 1