Ethereum
Blockchain Protocol Verified

Ethereum

"Build Unstoppable Apps on the World's Programmable Blockchain"

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Utility Score 96%
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Overview

Ethereum is an open-source, programmable blockchain protocol that enables developers to deploy self-executing smart contracts and decentralized applications (dApps) without relying on intermediaries. Its primary value lies in providing a trustless, censorship-resistant global computing layer that powers the majority of DeFi, NFT, and Web3 ecosystems.

Launched in 2015 by Vitalik Buterin and a co-founding team, Ethereum was the first blockchain to introduce a Turing-complete scripting language, expanding blockchain utility far beyond simple peer-to-peer transactions. In September 2022, Ethereum completed "The Merge" transitioning from an energy-intensive Proof of Work consensus to Proof of Stake, reducing its energy consumption by approximately 99.95% and setting the stage for future scalability upgrades under its roadmap.

Secure

Ethereum's Proof of Stake requires attackers to control 33% of staked ETH, making hostile takeover economically prohibitive at scale.

Performance

Layer 2 rollups extend Ethereum to thousands of TPS while mainnet finalizes batches, balancing throughput with decentralized base-layer security guarantees.

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Does Ethereum Have a Native Token?

Yes, Ethereum operates with a native token. Below are the details regarding its token information, blockchain network, and security audit status:

  • Token Name: ETH
  • Security Audit: Not Audited / Unverified

💡 INFO: Full token details and contract address are available below the Read More section in the main review.

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