Ethereum is the king of smart contracts and decentralized applications (dApps), which makes it a cornerstone of the decentralized finance (DeFi) ecosystem. With the shift to Ethereum 2.0 (proof of stake), it aims to improve scalability, reduce energy consumption, and increase transaction speed, addressing major issues that have plagued it. Ethereum’s developer community is massive, and it continues to evolve with upgrades like sharding, which will dramatically improve its efficiency. Ethereum is set to remain a key player in the blockchain space for years to come.

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