Ethereum (ETH): More Than Just a Cryptocurrency
Ethereum, also known as ETH, is the second-largest cryptocurrency in the world after Bitcoin. But unlike Bitcoin, Ethereum is more than just digital money — it's a whole platform for building smart applications.
Launched in 2015, Ethereum allows developers to create smart contracts, which are programs that run exactly as written without any need for middlemen. These smart contracts power many things in the crypto world, such as decentralized finance (DeFi), NFTs (non-fungible tokens), and blockchain games.
Recently, Ethereum has been upgrading its network to make it faster, cheaper, and better for the environment. The shift to Ethereum 2.0 and the latest 'Pectra' upgrade are major steps in that direction.
Key Takeaway:
Ethereum is the foundation for much of the crypto innovation happening today. It’s not just a currency — it’s a platform for the future of the internet.
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