#TradersLeague
Here’s a **good review of Ethereum (ETH)** — the second-largest cryptocurrency and arguably the most influential in terms of real-world blockchain applications:
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**Ethereum (ETH) Review – The Foundation of Decentralized Innovation**
Ethereum is more than just a cryptocurrency — it's a decentralized computing platform that revolutionized what blockchain can do. Created by Vitalik Buterin and launched in 2015, Ethereum introduced smart contracts, enabling developers to build decentralized applications (dApps) on top of its network.
### ⭐ Strengths:
1. **Smart Contract Platform:**
Ethereum pioneered the use of smart contracts — self-executing code that powers everything from DeFi apps to NFTs. This feature opened the door to thousands of decentralized projects.
2. **Massive Ecosystem:**
Ethereum hosts the largest ecosystem of dApps, including major DeFi platforms (Uniswap, Aave), NFT marketplaces (OpenSea), and Layer 2 scaling solutions (Arbitrum, Optimism).
3. **Transition to Proof of Stake (PoS):**
With the Ethereum 2.0 upgrade ("The Merge"), Ethereum shifted from energy-intensive proof-of-work to PoS, cutting its energy use by \~99.9%. This improved scalability and sustainability.
4. **Continual Upgrades:**
Ethereum is actively developed and improved. Major upgrades like **Dencun** (2024) are focused on scaling, reducing gas fees, and making the network more efficient.
5. **Widespread Adoption & Utility:**
Ethereum is used for decentralized finance, gaming, supply chain, identity systems, and more. It's the foundation of Web3 innovation.
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### 🔧 Considerations:
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