All Cryptos > Ethereum (ETH)
Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract (scripting) functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also provides a cryptocurrency token called "ether", which can be transferred between accounts and used to compensate participant nodes for computations performed. "Gas", an internal transaction pricing mechanism, is used to mitigate spam and allocate resources on the network.
Smart contracts allow endless possibilities for development of dapps (decentralised apps), ICOs and many other utilities
Second highest market cap, with huge vested interest, community support and many developed applications
has much more adoption than any other smart-contract blockchain
Robust, turing complete, own programming language called solidity
Scalability issues have lead the network to become quickly congested and very slow due to more popular dapps and ICOs
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