Ethereum is a decentralized, open-source blockchain that allows developers to build and run dApps. Conceived by Vitalik Buterin in 2013, Ethereum is one of the most popular blockchains. Many services, games and apps are built on Ethereum, and even “Layer 2” blockchains that can help increase the speed and reduce fees for Ethereum-based transactions. Ethereum has paved the way for the Decentralized Finance (DeFi) system, Non-Fungible Tokens (NFTs), and Decentralized Autonomous Organizations (DAOs). Its native cryptocurrency, ether (or “ETH”), is the second-largest cryptocurrency by market capitalization, after Bitcoin.

What is Ethereum (ETH)?
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Looking for more resources?
Crypto Glossary for Nonprofits and Donors: 60+ Terms Explained We’ve put together a glossary of the most popular, essential, and amusing jargon, terms, shorthands, and slang. Read more
Learn About Cryptocurrency New to cryptocurrency? Get immersed in all things crypto and crypto philanthropy. Learn about accepting crypto donations and crypto taxes. Read more
Why should nonprofits accept cryptocurrency donations? Less than 1% of nonprofits accept cryptocurrency donations. Fifteen years ago nonprofits were skeptical about credit card donations. Read more




