Ethereum is one of the most influential blockchain platforms, powering decentralized applications (dApps) and smart contracts. Launched in 2015 by Vitalik Buterin, Ethereum introduced the concept of programmable blockchain, unlike Bitcoin's focus on peer-to-peer transactions. The
Ethereum network enables developers to create applications that can execute automated agreements without relying on intermediaries. This is made possible by smart contracts, self-executing contracts with the terms directly written into code.
Ethereum's native currency, Ether (ETH), fuels transactions and computational tasks on the network. Over the years, Ethereum has undergone major upgrades to enhance scalability, security, and energy efficiency. One of the most notable upgrades is the transition from Proof of Work (PoW) to Proof of Stake (PoS) with Ethereum 2.0, reducing energy consumption and improving transaction speed.
The Ethereum ecosystem continues to grow with innovations like decentralized finance (DeFi), NFTs, and more, positioning it as a leader in blockchain technology for the future.
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