Introduced in 2015 by Vitalik Buterin, Ethereum revolutionized the blockchain space by extending its functionalities beyond just transactions.
Unlike Bitcoin, which primarily serves as a digital currency, Ethereum facilitates peer-to-peer contracts and applications via its currency, Ether (ETH).
Developers utilize Ethereum's platform and developmental language to create distributed applications (dApps) that execute smart contracts, enhancing functionalities beyond currency exchange.
Self-custody your asset with a multi-chain crypto wallet.
Get Bifrost Wallet for Ethereum.
Available on iOS and Android devices.
Ethereum introduces smart contracts: self-executing agreements with terms directly coded into lines of code, removing the need for intermediaries. These contracts automatically enact and validate agreements, ensuring secure and transparent transactions and have applications in various fields, including finance and content creation.
The platform supports decentralized applications (dApps), running on peer-to-peer networks instead of centralized servers. dApps on Ethereum offer enhanced stability and resistance to hacking, adhering to principles of transparency and global accessibility, providing solutions that anyone with internet access can utilize.
Decentralized Finance (DeFi) is a vital innovation enabled by Ethereum. It uses blockchain and crypto assets to recreate and enhance traditional financial systems, like lending and trading, without centralized authorities. Ethereum’s DeFi applications aim to democratize finance, facilitating a globally accessible financial system without traditional banking gatekeepers.
Ethereum facilitates the creation of ERC-20 tokens, setting a standard for tokens issued via its smart contracts. This standard ensures compatibility with existing blockchain infrastructure and interaction among other ERC-20 tokens, enabling utility and governance tokens in decentralized applications and has significantly impacted the broader blockchain technology’s utility and application.
Your keys are stored in the iOS keystore or Android keychain, in encrypted form on your own device.
Bifrost Wallet doesn't track any personal identifiable information, your account addresses or asset balances.
Our code has been audited by FYEO and Cure53, well-respected code audit and penetration testing firms.