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What is Ethereum?
Ethereum is a technology that hosts digital currency, global payments, and applications. Besides, It is open to everyone, wherever you are in the world; all you need is the Internet. Therefore, the community has built a flourishing digital economy, bold new ways for creators to make money online, and more.
So, Ethereum is a decentralized open source blockchain system with its cryptocurrency, Ether. ETH works as a platform for many other cryptocurrencies, as well as for the execution of decentralized smart contracts.
ETH Price Data Live
The live price of Ethereum today is $1,609.29, with a 24-hour trading volume of $17,716,305,035. Further, we update our ETH price in USD in real-time. Ethereum has been down 1.46% in the last 24 hours. So, CoinMarketCap’s current ranking is #2, with a live market cap of $196,413,906,548. It has a circulating supply of 122,050,353 ETH coins.
What makes Ethereum Unique?
Ethereum pioneered the concept of a blockchain smart contract platform. And also, Smart contracts are computer programs that automatically perform the actions necessary to fulfil an agreement between various parties on the Internet. They were designed to reduce the need for trusted intermediaries between business people, thereby reducing transaction costs and increasing transaction reliability.
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