Beginner guide

What is Ethereum?

Ethereum explained for beginners: smart contracts, ether, gas fees and how it differs from bitcoin. No price talk.

Short answer

Ethereum is a blockchain that runs small programs called smart contracts. Its coin, ether (ETH), pays the network fees, known as gas. Many tokens, apps and stablecoins run on it.

Common questions

How is Ethereum different from bitcoin?

Bitcoin focuses on being money. Ethereum is a platform for programs and tokens.

What is gas?

The fee paid to the network to process your transaction. It rises when the network is busy.

What was the Merge?

In 2022 Ethereum switched from mining to staking (proof of stake), cutting its energy use sharply.

What are layer 2s?

Networks built on top of Ethereum that batch transactions to lower fees.

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