What is ETH price?

Ethereum is a decentralized blockchain platform that establishes a peer-to-peer network that securely executes and verifies application code, called smart contracts . Smart contracts allow participants to transact with each other without a trusted central authority.

Ethereum is a decentralized, open-source blockchain with smart contract functionality . Ether (ETH or Ξ) is the native cryptocurrency of the platform. Among cryptocurrencies, Ether is second only to Bitcoin in market capitalization. Ethereum was conceived in 2013 by programmer Vitalik Buterin.

Ethereum Price Update Ethereum PriceValueToday/Current/Last2,42,4531 Day Return-0.47%7 Day Return4.31%Ethereum price live today | ETMarkets – Economic Times economictimes.indiatimes.com › ethereum-price › cryptodetail › symbol-eth

Besides being used as a digital currency , Ethereum can also be used to process other types of financial transactions, execute smart contracts and store data for third-party applications.