Ethereum is a global, decentralized blockchain platform that enables developers to build applications and users to transact with digital money without traditional intermediaries. As the foundation for Web3's largest developer ecosystem, Ethereum supports smart contracts written in languages like Solidity and Vyper.
The platform hosts a thriving ecosystem with $152.3B locked in DeFi protocols and processes over 15 million transactions daily at an average cost of $0.00098. Key use cases include:
Ethereum serves as the hub for blockchain innovation, with major projects building on its network. Developers can use familiar languages like JavaScript and Python or learn blockchain-specific languages to create custom tokens, decentralized applications, and financial protocols.
The platform's open-source nature and community-driven development make it accessible to builders worldwide, supporting everything from simple token transfers to complex financial instruments and decentralized autonomous organizations.