📚 What is Ethereum and why is it fundamental for Web3?
Ethereum is a decentralized platform based on blockchain technology that enables the execution of smart contracts: programs that run automatically when specific conditions are met.
🔎 Unlike Bitcoin, which was created as a digital currency, Ethereum was designed as a programmable infrastructure.
This has allowed the development of a wide variety of applications, including:
DeFi (Decentralized Finance): financial services without banks or intermediaries.
NFTs (Non-Fungible Tokens): unique digital assets that represent ownership on the blockchain.
DAO (Decentralized Autonomous Organizations): new forms of community governance without hierarchies.
🛠️ Ethereum has been a pioneer in demonstrating that blockchains can be much more than simple payment systems, driving a new era of open, accessible, and decentralized innovation.
🌍 Today, it continues to evolve towards a more scalable and sustainable model, thanks to updates like Ethereum 2.0 and the shift to proof-of-stake (PoS).