# Ethereum

> The internet that belongs to you

Ethereum is a decentralized, open-source blockchain network that allows developers to deploy decentralized applications and users to transact using smart contracts.

Ethereum is a Layer 1 blockchain network designed for programmable smart contracts and decentralized application development. Developers deploy contracts using the Ethereum Virtual Machine while users transact, hold tokens, and participate in on-chain governance. Its general-purpose execution environment established the EVM standard that powers Layer 2 networks and many EVM-compatible chains.

- Type: Network
- Sector: Blockchain Platforms
- Status: Active
- Founded: 2014-01-01
- Profile: https://thegrid.id/profiles/Ethereum

## Products

- [Ethereum Mainnet](https://thegrid.id/profiles/Ethereum): Ethereum Mainnet is a Layer 1 blockchain network that executes smart contracts and processes transactions through a Proof-of-Stake consensus mechanism. It supports the EVM, allowing developers to deploy decentralized applications and ERC-20 tokens against a shared onchain state. The network secures transactions via validators that stake ETH as collateral and earn rewards for honest validation. (L1, Live, Main Product)

## Assets

- [Ether (ETH)](https://thegrid.id/profiles/Ethereum): ETH is the native token of Ethereum. It is used for paying transaction fees, securing the network through staking, and participating in governance. Launched in 2015, ETH was the first cryptocurrency to power general-purpose programmable smart contracts and remains the settlement asset across Ethereum and its Layer 2 networks. (Native)

## Links

- [Blog](https://blog.ethereum.org)
- [Documentation](https://ethereum.org/en/developers/docs)
- [Whitepaper](https://ethereum.org/content/whitepaper/whitepaper-pdf/Ethereum_Whitepaper_-_Buterin_2014.pdf)
- [Main](https://ethereum.org)
- [Privacy policy](https://ethereum.org/privacy-policy)
- [Terms of Service](https://ethereum.org/terms-of-use)
- [Media Kit/branding](https://ethereum.org/assets)
- [Twitter / X](https://x.com/ethereum)
- [GitHub](https://github.com/ethereum)
- [Twitter / X](https://x.com/ethdotorg)
- [Discord](https://discord.gg/ethereum-org)
- [Twitter / X](https://x.com/ethereumfndn)
- [Farcaster](https://warpcast.com/ethereum)
- [Reddit](https://www.reddit.com/r/ethereum)

## Relationships

- [Ethereum Foundation](https://thegrid.id/profiles/ethereum_foundation): Subsidiary

## Legal

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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP