#CryptoRegulation Ethereum (ETH) is a decentralized, open-source blockchain featuring smart contract functionality. Launched in 2015 by Vitalik Buterin and others, it enables developers to build decentralized applications (dApps) on its platform. Unlike Bitcoin, Ethereum is not just digital currency; it’s a framework for programmable contracts and applications. Its native token, Ether (ETH), is used to pay for transactions and computational services on the network. Ethereum transitioned from Proof of Work to Proof of Stake with “The Merge” in 2022, making it more energy-efficient. It is the foundation of most NFTs, DeFi platforms, and Web3 projects. Ethereum continues to evolve, driving innovation in blockchain technology and the decentralized internet.