What is Ethereum?

Learn about the world’s leading programmable blockchain and how it powers decentralized apps on Walletix.

Christina Cooper

Last Update 5 bulan yang lalu

While Bitcoin is often seen as "digital gold," Ethereum (ETH) is more like a "global, decentralized supercomputer." It is a blockchain platform that allows developers to build and run software called Smart Contracts without the risk of downtime, fraud, or interference from a third party.
Why Ethereum is unique:
  • Smart Contracts: These are self-executing contracts with the terms of the agreement written directly into code. They power everything from automated insurance to digital art (NFTs).

  • The Power of Ether (ETH): Ether is the native currency of the Ethereum network. It is used to pay for "Gas"—the fee required to process transactions and execute smart contracts.

  • A Hub for Innovation: Most of the world’s decentralized finance (DeFi) apps and stablecoins (like USDT and USDC) were originally built on top of the Ethereum network.
Using Ethereum on Walletix:
  • Hold and Grow: You can securely store your ETH in your Walletix custodial account.
  • Instant Swaps: Easily swap your Ethereum for other tokens or stablecoins to manage your portfolio's value.
  • Easy Access: Purchase ETH directly through our MoonPay integration using your preferred payment method.

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