Ethereum is open access to digital money and data-friendly services for everyone – no matter your background or location. It’s a community-built technology behind the cryptocurrency ether (ETH) and thousands of applications you can use today.
Banking : Not everyone has access to financial services. But all you need to access Ethereum and its lending, borrowing and savings products is an internet connection.
More Private Internet : You don’t need to provide all your personal details to use an Ethereum app. Ethereum is building an economy based on value, not surveillance.
Peer to Peer Network :Ethereum allows you to move money, or make agreements, directly with someone else. You don’t need to go through intermediary companies.
Censorship-resistant : No government or company has control over Ethereum. This decentralization makes it nearly impossible for anyone to stop you from receiving payments or using services on Ethereum.
Commerce guarantees : Ethereum creates a more level playing field. Customers have a secure, built-in guarantee that funds will only change hands if you provide what was agreed. You don’t need large company clout to do business.
Compatibility for the win : Better products and experiences are being built all the time because Ethereum products are compatible by default. Companies can build on each other’s success.
What is ETH?
ETH is a cryptocurrency. It is scarce digital money that you can use on the internet – similar to Bitcoin. If you’re new to crypto, here’s how ETH is different from traditional money.
Banking : ETH lets you be your own bank. You can control your own funds with your wallet as proof of ownership – no third parties necessary.
Secured by cryptography : Internet money may be new but it’s secured by proven cryptography. This protects your wallet, your ETH, and your transactions.
Peer-to-peer payments : You can send your ETH without any intermediary service like a bank. It’s like handing cash over in-person, but you can do it securely with anyone, anywhere, anytime.
Open to anyone : You only need an internet connection and a wallet to accept ETH. You don’t need access to a bank account to accept payments.
What is Eth2?
Eth2 refers to a set of interconnected upgrades that will make Ethereum more scalable, more secure, and more sustainable. These upgrades are being built by multiple teams from across the Ethereum ecosystem.
Ethereum needs to support 1000s of transactions per second, to make applications faster and cheaper to use.
Ethereum needs to be more secure. As the adoption of Ethereum grows, the protocol needs to become more secure against all forms of attack.
Ethereum needs to be better for the environment. The technology today requires too much computing power and energy.