What is Lido Staked Ether? Lido Staked Ether, abbreviated as STETH, is essentially a representation of staked Ethereum that operates on the Lido network. The STETH token was introduced in 2020 with the transition of the Ethereum blockchain from a proof-of-work to a proof-of-stake mechan...
What is Ethereum (ETH)? Ethereum is a type of blockchain system that is open to everyone and has its own digital money called Ether (ETH). It serves as a foundation for many other digital currencies and for running smart contracts that are decentralized. Ethereum was first introdu...
There are eight co-founders of Ethereum, which is a lot for a crypto project. They met for the first time on June 7, 2014, in Zug, Switzerland. - Vitalik Buterin, a Russian-Canadian, is the most recognized founder. He wrote the original paper about Ethereum and still works o...
Ethereum was the first to create a blockchain platform for smart contracts. Smart contracts are programs that automatically carry out actions needed to meet an agreement online. They help lower the need for trusted third parties, which cuts costs and makes transactions more rel...
Ethereum (ETH), known as the "queen of cryptocurrencies," is the second-largest digital currency after Bitcoin, built on a decentralized network utilizing smart contracts. It allows developers to create decentralized applications (Dapps) and supports thousands of blockchain applications. C...