Ethereum

Ethereum is a decentralised computing platform. Announced in a white paper by Russian-Canadian developer Vitalik Buterin in 2013, Ethereum allows users to create decentralised applications (dApps) using smart contracts – code that runs on the blockchain. dApps are accessible to anyone with an internet connection, execute exactly as programmed, and cannot be shut down.

What is Ethereum?

Ethereum has become the core infrastructure for the Decentralised Finance (DeFi) movement. DeFi replicates many conventional financial services on the blockchain, such as lending, exchanges and derivatives. Every transaction on Ethereum, from simple transfers of digital tokens to complex smart contract operations, is paid for using ETH, the platform’s native currency. Starting from December 2020, Ethereum’s developers and community began upgrading the platform to Ethereum 2.0, a long-term process that will increase the efficiency and security of the network while enabling it to scale to support many more transactions.

Ethereum price chart

AUD 2,973.09
AUD -391.76 (-11.64%)
VOLUME:
AUD 100,672,284,511.00
24 HOUR HIGH:
AUD 3414.93
24 HOUR LOW:
AUD 2757.83
Market Cap:
AUD 344,734,196,302

0 Ethereum = 1 Australian Dollar (AUD)

ETH [Ethereum]AUD [Australian Dollar]
0.01 Ethereum=0.0000 Australian Dollar
0.1 Ethereum=0.0000 Australian Dollar
1 Ethereum=0.0000 Australian Dollar
2 Ethereum=0.0000 Australian Dollar
3 Ethereum=0.0000 Australian Dollar
5 Ethereum=0.0000 Australian Dollar
10 Ethereum=0.0000 Australian Dollar
20 Ethereum=0.0000 Australian Dollar
50 Ethereum=0.0000 Australian Dollar
100 Ethereum=0.0000 Australian Dollar
1000 Ethereum=0.0000 Australian Dollar