01 / INTRODUCTION
What is Ethereum?
Ethereum is a public blockchain designed for applications and smart contracts. ETH is its native asset, used to pay transaction fees and support network security. The network hosts a large range of decentralized financial and digital-asset applications.
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Start with the fundamentalsFocus on the purpose of the network or token before looking at market activity.
02 / UNDER THE HOOD
Technology & network design
Ethereum uses proof of stake. Developers deploy smart contracts to the Ethereum Virtual Machine, and scaling networks can process activity while settling data or proofs to Ethereum.
03 / THE ECOSYSTEM
How it is used
Decentralized exchanges, lending, stablecoins, token issuance, NFTs, DAOs and blockchain-based applications.
04 / THE BIG PICTURE
What makes it different
Ethereum emphasizes general-purpose programmability, a mature developer ecosystem and multiple rollup-based scaling approaches.
05 / KNOW THE RISKS
Risks & trade-offs
Smart-contract exploits, high fees during congestion, bridge and layer-2 risks, and variable staking returns. Smart-contract interactions can be irreversible.
! Never send funds to an address you have not verified, and never share your wallet recovery phrase.