What is Ethereum?
EthereumSecond most important crypto asset by market capitalization. Ethereum blockchain has been launched
in 2015 by Vitalik Buterin, it is also used for other applications such as DeFi and NFTs. is an advanced technological platform that extends the capabilities of the blockchainA blockchain is a type of distributed ledger technology. It is a huge database formed by blocks,cryptographically linked to each other, containing information such as transactions. These blocks are addedfollowing, going beyond the simple function of “digital currency”. Ethereum can be seen as a global, shared system that enables the execution of special programs such as smart contracts. These programs operate autonomously to execute commercial transactions and agreements. They are designed to activate automatically when certain conditions agreed by the parties are met, eliminating the need for intermediaries such as lawyers or banks to ensure that the agreement is honored. This technology offers considerable potential for innovation and the creation of new financial and commercial services. It represents an investment opportunity in a fast-growing digital ecosystem, and a chance to participate in the evolution of digital finance and contracts.
Ether (ETH) is Ethereum’s native cryptocurrency. It serves as the fuel for operations on the platform, such as paying miners to validate transactions and execute smart contracts. Users must pay a fee in Ether to use the computing power of the Ethereum network.
Developers can create applications that use the Ethereum blockchain to store data and execute transactions seamlessly and securely. This opens up possibilities in many sectors, including decentralized finance (DeFi« Decentralized Finance », peer to peer blockchain based financial services such as staking.), gaming, digital identity and many others.
Cryptocurrencies or digital currencies are terms commonly used in the crypto ecosystem. However, the terminology favored by regulators (ACPR and AMF) is crypto-assets or digital assets. This distinction arises because, although often referred to as cryptocurrencies, these assets do not qualify as currencies in the legal sense. They are virtual resources based on blockchain technology, whose value is determined solely by supply and demand.
None of the information contained in this FAQ constitutes investment advice, tax advice, legal advice, or any other type of advice, nor does it serve as an invitation to engage in any form of financial transaction.
Investing in digital assets carries risks and may not be suitable for all investors. It is the responsibility of investors to educate themselves about the risks associated with different digital assets. In particular, it is noted that digital assets can exhibit significant volatilityPrice variation of an asset on a given period., and investments in digital assets involve a risk of capital loss. Accordingly, it is important to remember that the past performance of digital assets, as might be indicated on Banque Delubac & Cie’s website or in documents provided to investors, is not indicative of future performance. Investors should familiarize themselves with the technologies underlying each digital asset and their associated risks, including vulnerabilities, defects, hacks, errors, protocol failures, or attacks on the protocol. Banque Delubac & Cie cannot be held liable for any misunderstanding of the risks associated with digital assets or for any losses investors may incur due to errors in walletPrice variation of an asset on a given period. addresses attributable to the investor.
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