Ethereum (ETH)

Ethereum is a programmable blockchain launched in 2015 that introduced the Ethereum Virtual Machine (EVM) — a shared computation environment where smart contracts execute deterministically on thousands of nodes worldwide. Its native currency, ETH, pays for computation in units called gas. Ethereum's rich token ecosystem — including the ERC-721 NFT standard — made it the dominant platform for representing real-world assets on-chain, including domain names. Because every NFT transfer is recorded in Ethereum's public state, ownership history is fully auditable without trusting any intermediary. Layer-2 networks like Base and Polygon extend Ethereum's reach by settling transactions cheaply while inheriting its security guarantees. Namefi issues tokenized domain NFTs on Ethereum-compatible networks, giving owners a cryptographically verifiable deed they can hold in any compatible wallet, trade on open marketplaces, or pledge as collateral in DeFi without a registrar's permission. Source: Ethereum Foundation.