Network Properties and Services

Ethereum is a blockchain-based application platform that offers unique properties and useful services. Below are the main characteristics that make Ethereum stand out:

• Transparency: Anyone can review the rules of how the system works and any transactions on the network

• Accessibility: Anyone with an internet connection can interact with or build upon the system without requiring authorization

• Composability: Applications on Ethereum are inherently compatible and can seamlessly interact to create unique functionalities

• Reliability: The network is designed to work as intended, providing consistent uptime and trustworthy services

• Availability: Ethereum does not depend on any single entity to remain online, resulting in high uptime

• Speed: Transactions are settled programmatically within minutes, allowing for rapid processing and interaction

• Neutrality: Ethereum is not under the control of any one local or state governing entity and remains impartial in any conflict between jurisdictions

• Transferability: Value can be transacted programmatically between both users and applications, enhancing the functionality of digital assets

• Network Effect: Ethereum has generated the largest ecosystem of users, developers, and businesses, creating strong network effects that drive growth and adoption

• Wide Range of Services: Ethereum offers services across financial, gaming, digital art, value transfer, and asset issuance, supporting a wide range and often changing set of use cases