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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.

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