ETH IDR Today: Latest Price Analysis

Bittime - The decentralized blockchain system Ethereum (ETH) has the crypto asset Ether and a smart contract platform. Learn more about the concept, innovation and price analysis of Ethereum today, founded by Vitalik Buterin in 2013. Ethereum has grown to become the leader of the blockchain space with a current price of around 61,364,022 IDR.

What is Ethereum (ETH)?

Ethereum is a decentralized open source blockchain system that has its own crypto asset, Ether. Additionally, ETH serves as a platform for various other crypto assets and helps implement decentralized smart contracts.

In a 2013 whitepaper, Vitalik Buterin explained Ethereum for the first time. Buterin and the other founders obtained funding for the project through an online public auction in the summer of 2014.

The price of Ethereum was $0.311 at the time of the Initial Coin Offering (ICO), and more than 60 million Ether was sold. The project team also managed to raise $18.3 million in Bitcoin. Return on investment (ROI) has increased by more than 270% annually since the summer of 2014, taking into account the current price of Ethereum. This is almost four times the investment invested annually.

What Makes Ethereum Different from Others?

Ethereum creates a blockchain smart contract platform. Computer programs known as smart contracts automatically perform the actions necessary to fulfill agreements made by various parties on the internet. They are designed to reduce the contractor's need for a reliable intermediary, that means they are cheaper and more reliable.

One of Ethereum's main innovations was creating a platform that allows smart contracts to be executed using blockchain, leveraging the benefits of existing smart contract technology.

Ethereum co-founder Gavin Wood describes the Ethereum blockchain as one computer for the entire planet. Theoretically, by running on a network spread across the globe, blockchain can make any program more robust, more resistant to censorship, and less vulnerable to fraud.

ETH IDR Price Analysis Today

According to data, the current price of Ethereum (ETH) is 61,364,022 IDR. Several factors that can influence crypto asset prices are market sentiment, adoption of blockchain technology, and news related to the crypto industry. While digital asset prices change frequently, investors can make better choices by understanding market trends and fundamental analysis.

Conclusion

The Ethereum (ETH) decentralized blockchain system incorporates the concept of smart contracts. Ethereum, founded by Vitalik Buterin in 2013, provides a platform for a wide variety of crypto assets and decentralized smart contracts. Currently, the price is around 61,364,022 IDR, influenced by the market and technological advances. With continuous growth, Ethereum is still the leader of the blockchain space.

How To Buy Ethereum (ETH) With Bittime

You can buy and sell Ethereum (ETH) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. Ethereum (ETH) is available on Bittime with ETH IDR pairing. To be able to buy ETH IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.