Assets, Ethereum

What Is Foundation Ethereum?

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference.

Ethereum is how the Internet was supposed to work. It is a censorship-resistant platform where users are in control.

No one can block you from using Ethereum or from accessing any of the applications built on it.

The Ethereum Foundation is a non-profit organization dedicated to supporting Ethereum and its community. The Foundation’s mission is to promote and support Ethereum platform and base layer research, development and education to bring decentralized protocols and tools to the world that empower developers to produce next generation decentralized applications (dapps), and improve the security, usability and scalability of Ethereum.

The Foundation was founded in 2014 by a group of visionaries, researchers and builders who shared a belief that blockchains and smart contracts could change the world for the better. The Foundation’s goal is to create opportunity for everyone by building an inclusive global community around Ethereum and blockchain technology.

NOTE: WARNING: Foundation Ethereum is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. While this technology has the potential to revolutionize the way we do business, it also carries significant risks. It is important to understand how to use and secure this technology before utilizing it in any capacity. Additionally, it is important to be aware of the legal implications of using Foundation Ethereum as laws and regulations related to cryptocurrency vary from country to country.

The Foundation’s work is guided by four principles:

Inclusiveness: The Foundation is committed to building an inclusive community that represents a diversity of views and backgrounds.

Decentralization: The Foundation believes that decentralization is key to building trustless systems that empower individuals and communities.

Transparency: The Foundation is committed to being transparent in everything we do in order to build trust with our community.

Sustainability: The Foundation is committed to ensuring the long-term sustainability of Ethereum by funding research & development, education & outreach initiatives, and infrastructure projects.

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