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What Ethereum is: an educational guide for Guatemala

Ethereum is a programmable blockchain for building smart contracts and tokens. Its native currency is ETH, which pays the network’s fees ("gas").

How it works

Ethereum runs on "proof of stake": validators lock up ETH to secure the network. Many stablecoins, including the ERC-20 versions of USDT and USDC, live on Ethereum.

Main risks

Price volatility, variable network fees, smart-contract and decentralized-application risk, and scams involving fake tokens.

Best practices

Always check what you’re approving in your wallet, be wary of unknown tokens or links, and keep your everyday wallet separate from your custody wallet.

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