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What is Ethereum (ETH)?

Discover the key facts about Ethereum (ETH).

Cryptocurrencies » Ethereum (ETH)

About Ethereum

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.

Crypto for Good: Ethereum Was 2021’s Most-Donated Cryptocurrency

Ethereum co-founder Vitalik Buterin is highly engaged in crypto philanthropy, and so is the Ethereum community. In 2021, crypto donors made Ethereum the most-donated crypto to charities using The Giving Block to fundraise crypto. 

Donate ETH to Nonprofits on The Giving Block

The Giving Block makes donating ETH and other cryptocurrencies easy, secure, and tax-efficient. Visit our donor marketplace to explore thousands of crypto-friendly nonprofits, educational institutions, and faith-based organizations.

What is Cryptocurrency? A cryptocurrency is a form of digital currency that uses cryptography and blockchain to encrypt, secure, and verify transactions and proof of ownership. Read more
Donation Donation Form | The Giving Block What is Blockchain: Why You Should Care A blockchain is a growing list of records, called blocks, that are linked together using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. Read more
Donation Donation Form | The Giving Block Donate Other Cryptos We are able to process some donations of cryptocurrencies that aren't listed in The Giving Block's Donation Form. Please read this information and/or contact us to verify. Read more