Blockchain protocols

Discover key facts and figures about major blockchain protocols that are empowering transformations across industries.

A global open-source platform for decentralized applications. Write smart contracts that control digital value, run exactly as programmed, and are accessible anywhere in the world.

Explore the features

Global event	Devcon
Consensus	Proof-of-stake
Public / Private / Permissioned	Public
Smart contracts	Yes
Smart contract language(s) supported	Solidity, Vyper
Transaction privacy	No
Transaction visibility	All participants have access to all entries ever recorded.
Transaction ordering	All validating participants must reach consensus over the order of all transactions that have taken place, irrespective of whether a participant has taken part in a particular transaction or not.
Version	Geth 1.9.25

Fault tolerance

The chain is secured by Ethereum staking validators.

Performance

As a proof-of-stake protocol, Ethereum Mainnet produces blocks at fixed 12 second intervals.

Suggestions for use with consortia

Use Ethereum:

to anchor private blockchain data
for cryptocurrency mining/exchanges
to publish transactions for the public to view

Industry use case

Token securitization, land registries, token-enabled marketplaces, standardized data, digital identity, certifications (e.g. academic, birth), notarization.

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