Crypto learning lab

How Ethereum Works

Click through a simplified Ethereum network and watch a wallet transaction pay gas, run through validators, execute smart contract code, and become finalized.

Step 1 of 9

Ethereum starts with wallets and accounts

Ethereum tracks accounts, balances, smart contract code, and contract storage. A wallet prepares an action that will change this shared state.

Network objectAccount

ConsensusProof of stake

Fee tokenETH

Ethereum explained in simple steps

This demo is educational and simplified. Ethereum no longer uses mining. It uses proof of stake, where validators propose and attest to blocks while the Ethereum Virtual Machine executes transactions and smart contract code.

Wallets sign transactions that describe an action and a gas limit.
Gas pays for computation and helps prevent spam.
Validators propose blocks and other validators attest that the block follows the rules.
The EVM executes smart contract code and updates balances or contract storage.
Finality means the network has economically committed to the block history.

This page does not provide financial advice or live market data. A live latest-block mode can be added later with Cloudflare Workers.

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