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Beginner's Guide to Ethereum

Learn what Ethereum is, how it works, and what makes it different from Bitcoin.

What is Ethereum?

If “Ethereum” sounds like a sci-fi concept to you, that’s because it kinda is. The name Ethereum originated from “ether,” which was a hypothetical term for an invisible medium that

Who Created Ethereum?

The answer is complicated but the simple answer is a bunch of folks. The “idea” of Ethereum originated from then 19-year-old Vitalik Buterin, computer programmer and co-founder of Bitcoin Magazine who

What is a Smart Contract?

Ethereum is known as a “smart contract platform“. A platform (or computing platform) is an operating environment in which a piece of software, like programs or applications, can be run (or “executed”).

What is a Decentralized Application (dApp)?

As I mentioned in the previous lesson about smart contracts, Ethereum is a computing platform that allows you to create and run smart contracts. A smart contract is a pre-programmed piece

What is ether (ETH)?

Ether (ETH) is the built-in currency used in the Ethereum network. Like bitcoin (BTC), it can be seen as a digital asset used to store and/or transfer value on the blockchain. But ether’s main

Why Does ETH Have Value?

In the previous lesson, I covered what ether is and how it’s used in Ethereum. You learned that ether is used to pay for the computational resources and the transaction fees for

What Factors Influence ether’s Price?

Ultimately, ether’s price boils down to supply and demand. So what factors influence ETH’s supply and demand? Great question! Ether’s supply and demand are affected by multiple factors including specific factors particular to

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