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Ethereum was created to enable developers to build and publish smart contracts and distributed applications (dApps) that can be used without the risks of downtime, fraud, or interference from a third party. Ethereum describes itself as "the world's programmable blockchain." It distinguishes itself from Bitcoin as a programmable network that serves as a marketplace for financial services, games, and apps, all of which can be paid for in Ether cryptocurrency and are safe from fraud, theft, or censorship.
Ethereum was launched in July 2015 by a small group of blockchain enthusiasts. They included Joe Lubin, founder of ConsenSys, a blockchain applications developer that uses the Ethereum network. Another co-founder, Vitalik Buterin, is credited with originating the Ethereum concept and now serves as its CEO and public face.
Buterin is sometimes described as the world's youngest crypto billionaire. The Ether cryptocurrency was designed to be used within the Ethereum network. However, like Bitcoin, Ether is now an accepted form of payment by some merchants and service vendors. Overstock, Shopify, and CheapAir are among the online sites that accept Ether as payment
Ethereum now holds a value of $3034.45 but reached an all time high of $4356.99 on the 2021-05-12 at 14:41. The circulating supply of Ethereum is currently at 117616794.874 and has a maximum supply number of None ETH.
In the last 24 hours we have seen highs of $3118.97 and lows of $2837.14, which is normalised by the volatile nature of the ma. In the last seven days we have seen a price fluctuation of -8.07% with a market cap of $357551343315.