Ethereum (also known as Ether) is a cryptocurrency platform. It has an open source code, which makes the creation of decentralized apps possible. The currency was established in 2013 by the 20-year-old Russian IT developer- Vitalik Buterin but was officially announced in 2014. The main idea is to burn or consume “gas” – a term for the internal pricing on the platform.
Ether works as simple as the Internet. As long as the users have financial ability to pay for the code which is being run by the network, the Smart Contact system is up and working seamlessly. Ethereum holds the second place right after Bitcoin on the list of top 5 cryptocurrencies (up to 2018.) The algorithm is Ethash, and the consensus protocol is the Proof of Work type. Ethereum doesn’t have a maximum coins cap. There is only a limit of 18 million mined coins per year. The highest price for one ETH is $1,430, and it was reached in January 2018
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# | Name | Symbol/Pair | Price | Vol 24h | Volume Percent | Updated |
1 | Binance | ETH/USDT | $1,992.05 | $2,442,379.72 | 0.10% | 08 Apr 2021 10:13:51 |
2 | Binance | ETH/BTC | $2,042.79 | $677,584.75 | 0.03% | 08 Apr 2021 10:13:49 |
3 | Kucoin | ETH/USDT | $225.69 | $634,630.19 | 0.03% | 08 Feb 2020 11:57:32 |
4 | OKEx | ETH/USDT | $1,990.99 | $625,024.69 | 0.03% | 08 Apr 2021 10:16:21 |
5 | Kucoin | ETH/BTC | $232.12 | $253,435.03 | 0.01% | 08 Feb 2020 11:57:26 |
6 | Poloniex | ETH/USDC | $217.50 | $246,928.02 | 0.01% | 08 Feb 2020 05:25:43 |
7 | YoBit | ETH/BTC | $313.26 | $88,090.65 | 0.00% | 02 Jul 2019 16:05:02 |
8 | HitBTC | ETH/BTC | $130.21 | $39,626.36 | 0.00% | 15 Jan 2019 15:06:46 |
9 | Binance | ETH/DAI | $1,993.20 | $34,201.01 | 0.00% | 08 Apr 2021 10:12:55 |
10 | Huobi | ETH/USDT | $127.63 | $33,397.01 | 0.00% | 15 Jan 2019 11:29:15 |