#CPI&JoblessClaimsWatch Evaluation of Ethereum (ETH) from an Expert's Perspective

Ethereum (ETH) is the leading blockchain platform for smart contracts and decentralized applications (DApp). Launched in 2015 by Vitalik Buterin, ETH has ushered in a new era for blockchain, surpassing the role of merely being a currency like Bitcoin.

In terms of technology, Ethereum has transitioned to a Proof of Stake (PoS) consensus mechanism through the Ethereum 2.0 upgrade (The Merge), helping to reduce energy consumption and increase network efficiency. Scaling solutions such as Layer 2 (Arbitrum, Optimism) are thriving, helping to lower transaction fees and increase processing speeds.

The Ethereum ecosystem is rich, leading in areas such as DeFi, NFT, and DAO. This is the birthplace and primary operating ground for many major projects like Uniswap, OpenSea, Aave, and MakerDAO. Its widespread adoption has made ETH an essential platform in the Web3 world.

In finance, ETH is a digital asset trusted by many organizations and individual investors. The fee-burning mechanism (EIP-1559) helps ETH become scarcer over time, combined with staking to create additional long-term value.

However, Ethereum also faces many challenges such as congestion on Layer 1, competition from new blockchains (Solana, Avalanche...), and legal risks in some countries.

In summary, Ethereum is regarded as a blockchain with sustainable development potential, playing a pivotal role in the future digital economy. Despite existing risks, ETH remains one of the most notable digital assets to watch and invest in for the long term.