Ethereum

Ethereum was first outlined by its creator Vitalik Buterin in an official whitepaper that arrived in 2013.  Having first taken interest in Bitcoin two years earlier, Buterin quickly became an expert on the new technology, learning all he could while…

Ethereum is aiming to be the main operating system for decentralised computing, in the same way that iOS is for traditional computing. It’s a platform that enables anyone to build digital applications and services in everything from financial services to…

Ethereum was built as a platform to support the creation of decentralised apps and run smart contracts.

Ethereum WebAssembly (ewasm) is a part of a series of upgrades to the original Ethereum network under the banner of the consensus layer.

A decentralised oracle network (DON) is a group of independent third-party services that actively seeks out real-world data such as weather updates or financial information and feeds it back to the blockchain, providing a bridge between the decentralised and centralised worlds.

ERC-20 tokens run on top of the Ethereum blockchain alongside its native currency – ‘Ether’ and can act similarly as either a currency or a representation of other tokens of value such as shares of a company, loyalty points or more.

The ERC-20 token standard is a set of rules and guidelines that dictate the fundamental functions token-creating smart contracts must have.

Much like an upgrade to your operating system on your smartphone or laptop, Ethereum’s Consensus Layer is a series of upcoming upgrades to Ethereum’s blockchain that aims to improve its speed and capacity for transactions, reduce their cost and increase overall security.

Ethereum Classic is the original version of the Ethereum blockchain with ETC as its native token.

Gas is the fuel that allows the Ethereum blockchain to operate. Users pay gas fees for services on the network.

The Beacon Chain is one of the key upgrades at the heart of the new Consensus Layer and is responsible for managing the new proof of stake blockchain protocol.

Ethereum and Bitcoin are both cryptocurrencies but they are fundamentally different in their use cases.