$ETH

Ethereum (ETH) is a decentralized, open-source blockchain platform that allows developers to create and deploy smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, Ethereum aims to extend blockchain technology beyond simple transactions, enabling more complex, automated processes. ETH, the native cryptocurrency of the Ethereum network, is used for transaction fees, rewards for miners, and as a store of value. One of Ethereum's standout features is its ability to support smart contracts—self-executing contracts with terms directly written into code, eliminating the need for intermediaries. Ethereum is also known for its ongoing evolution, with Ethereum 2.0 transitioning from a proof-of-work to a proof-of-stake consensus mechanism, improving scalability, security, and energy efficiency. Ethereum's influence continues to grow, shaping the future of decentralized finance (DeFi) and NFTs. #Ethereum #Cryptocurrency #Blockchain