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Ethereum is a "blockchain app platform", and a "world computer".
It has Ether as a volatile cryptocurrency, with the ticker ETH. The price of ETH drops when Ethereum hodlers read news headlines like "The founder of Ethereum died in a car crash", or there are scams with initial token offerings, or ITOs. The network slows down during ITOs, or when apps are used too much, such as when too many people play a game for trading digital cats, called Cryptokitties.
It's "a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
"These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property.
"This enables developers to create markets ... and many other things ... all without a middleman or counterparty risk.
The project was bootstrapped via an Ether ICO in August 2014.
Developers and researchers are working on various improvements improvements to the protocol and ecosystem, e.g. as described in a thread on ethresear.ch.
Alice: Have you heard of Ethereum?
Bob: Nope, what is it?
Alice: It's a blockchain app platform.
A cryptocurrency, similar to Bitcoin, but with different technical implementations and uses. Has the second largest market capitalization (after Bitcoin), as of August 2017.
Often abbreviated as ETH or Ether.
Slighly less than 100 million ETH are in circulation and the price has risen with about 50000% (fifty thousand percent) since 2015.
Steve told me about Ethereum when it first released back in 2015. He bought about 1000 ETH for $0.50 each and I bought none.
Now he's drinking champagne on the beach of St. Tropez surrounded by 3 hot bitches while I'm stuck in my mom's basement watching porn and eating pasta ketchup.
A cryptocurrency known also as ETH. Home to shitload of shitcoins and NFT, and gas fees higher than irl.
An average price of a Punk NFT is about 100 Ethereum coins
A dumbass crypto currency used by opensea to buy and sell NFTs
I just traded 3 robux for 0.000000001 Ethereum!!1! :0
Any decentralized smart contract platform that can scale, remove user fees, govern itself by the community, or ruffle Vitalik's feathers on an otherwise pleasant day.
EOS is the Ethereum Killer
very expensive and hard to use.
a dot eth: this is Ethereum-aligned.
everyone else who has ever lived and existed: u want me to pay 5 bands to do a simple swap?
The original shitcoin. First described in a white paper by Vitalik Buterin in November 2013, the idea was to create a coin similar to BTC without everything that made bitcoin different or interesting in the first place.
Features include: unlimited money supply, high gas fees, proof-of-stake (whoever owns the most essentially owns the coin, and can update it at will), constantly changing monetary policy, the ability to include computer viruses (decentralized applications) in what's supposed to be a store of value for some reason.
Proponents of ETH tend to be people with far-left political views, central bankers, scammers, and foreign agents.
Person 1: I decided to buy crypto this week. I bought 50% BTC and 50% ethereum.
Person 2: So you spent 50% of your money on shitcoins? What's the point? Even LTC is better than that garbage...