
Gains Network
NOK 5.18

NOK 5.18
Ethereum is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (dApps) without downtime, fraud, control, or interference from a third party. Its native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services on the network.
At its core, Ethereum facilitates the creation and execution of smart contracts, which are self-executing contracts with the terms of the agreement directly written into code. This functionality allows developers to build and deploy decentralized applications (dApps) that run on the Ethereum blockchain.
Ethereum has a large and active developer community, contributing to its ongoing evolution. It supports a wide range of decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and other blockchain-based innovations. The network has undergone significant upgrades, including the transition to a proof-of-stake consensus mechanism.