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1 ETH = 0.308 USD





Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine.




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Circulating Supply

Created with Highstock 6.1.1 Circulation Release:100.0% Circulation Release:100.0%

Rules of circulation release Supply

Ether (ETH) will be issued at a constant annual linear rate via the block mining process. The number of ETH are: ·Pre-mine: around 72 million ETH were created for the crowdsale. Post-crowdsale, future ETH generation would be capped at 25% of that per year. ·Block reward: currently each block mined creates 5 fresh ETH. ·Uncle blocks reward: If uncles are referenced as uncles by a later block, they create about 4.375 ETH for the miner of the uncle. ·Uncle referencing reward: a miner who references an uncle also gets about 0.15 ETH per uncle (maximum 2 uncles). · When Ethereum moves from Proof-of-Work to Proof-of-Stake as the block-addition mechanism, the total number of Ether will be around 100 million. ·Mining rewards: in Ethereum, the miner of a block receives 5 new ETH block reward + small new reward for referencing up to 2 recent uncles blocks+gas from contracts that were run during the block.

Token Distribution

Created with Highstock 6.1.1 Team Investors Foundation

Project Introduction


Satoshi Nakamoto's development of Bitcoin in 2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or intrinsic value and no centralized issuer or controller. However, another - arguably more important - part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus, and attention is rapidly starting to shift to this other aspect of Bitcoin. Commonly cited alternative applications of blockchain technology include using on-blockchain digital assets to represent custom currencies and financial instruments (colored coins), the ownership of an underlying physical device (smart property), non-fungible assets such as domain names (Namecoin), as well as more complex applications involving having digital assets being directly controlled by a piece of code implementing arbitrary rules (smart contracts) or even blockchain-based decentralized autonomous organizations (DAOs). What Ethereum intends to provide is a blockchain with a built-in fully fledged Turing-complete programming language that can be used to create "contracts" that can be used to encode arbitrary state transition functions, allowing users to create any of the systems described above, as well as many others that we have not yet imagined, simply by writing up the logic in a few lines of code. 

The intent of Ethereum is to create an alternative protocol for building decentralized applications, providing a different set of tradeoffs that we believe will be very useful for a large class of decentralized applications, with particular emphasis on situations where rapid development time, security for small and rarely used applications, and the ability of different applications to very efficiently interact, are important. Ethereum does this by building what is essentially the ultimate abstract foundational layer: a blockchain with a built-in Turing-complete programming language, allowing anyone to write smart contracts and decentralized applications where they can create their own arbitrary rules for ownership, transaction formats and state transition functions. A bare-bones version of Namecoin can be written in two lines of code, and other protocols like currencies and reputation systems can be built in under twenty. Smart contracts, cryptographic "boxes" that contain value and only unlock it if certain conditions are met, can also be built on top of the platform, with vastly more power than that offered by Bitcoin scripting because of the added powers of Turing-completeness, value-awareness, blockchain-awareness and state. 

What's the relationship between bitcoin and ether?

Ethereum would never be possible without bitcoin—both the technology and the currency—and we see ourselves not as a competing currency but as complementary within the digital ecosystem. Ether is to be treated as "crypto-fuel", a token whose purpose is to pay for computation, and is not intended to be used as or considered a currency, asset, share or anything else.

There are many ways in which you can use Bitcoins within the Ethereum ecosystem:

  • Trade BTC for ETH: multiple third-party companies are working to make the exchanging of ether and bitcoins as easy and seamless as possible. If so desired one could trade bitcoins for ether with the purpose of executing contracts and trade it back immediately in order to keep their value pegged and secured by the bitcoin network. The latest version of the wallet includes an automatic conversion between ether and bitcoin.

  • Use a pegged derivative: Ethereum is a great tool for creating complex trading between multiple parties. If you have a source for the price of Bitcoin that all parties trust, then it's possible to create an ethereum based currency whose value is pegged to the market value of Bitcoin. This means that you could trade bitcoins to a token that is guaranteed to always trade back to the same amount of bitcoins while still being fully compatible with other ethereum contracts.

  • Use a Bitcoin relay to convert a 2-way peg: the bitcoin relay is a piece of code that allows you to sidechain a bitcoin into ethereum. This means that you can use Bitcoin's native limited scripting capability to lock a bitcoin into a contract that is directly connected to an ethereum contract, which can then issue an ethereum based token that is guaranteed to be backed by bitcoin. The relay is under development and as implementations are tested and proved to be secure, we will list them here.

Features of Ethereum

Learn Solidity, a new language for smart contracts

  • Design and issue your own cryptocurrency: Create a tradeable digital token that can be used as a currency, a representation of an asset, a virtual share, a proof of membership or anything at all. These tokens use a standard coin API so your contract will be automatically compatible with any wallet, other contract or exchange also using this standard.

  • Kickstart a project with a trustless crowdsale: Using Ethereum, you can create a contract that will hold a contributor's money until any given date or goal is reached. Depending on the outcome, the funds will either be released to the project owners or safely returned back to the contributors. All of this is possible without requiring a centralized arbitrator, clearinghouse or having to trust anyone.

  • Create a democratic autonomous organization: One of the many advantages of having a robot run your organization is that it is immune to any outside influence as it’s guaranteed to execute only what it was programmed to. And because the Ethereum network is decentralized, you'll be able to provide services with a 100% uptime guarantee.

  • Build a new kind of decentralized application.

Time Line


Two of Chinese three Bitcoin exchanges, and OKCoin, have launched Ethereum.


The Enterprise Ethereum Alliance, or EEA, was founded. Members including J.P. Morgan Chase & Co.,Microsoft and Intel, etc..


Ethereum's technology has been recognized by the market and its prices have skyrocketed, attracting a large number of people beyond developers to enter the world of Ethereum.


Ethereum conducted a 42-day pre-sale in ETH.


Vitalik Buterin, the founder of Ethereum, launched the project by publishing the first whitepaper of Ethereum.


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Foundation Council