Ethereum: The Backbone of Web3 Since 2015 ๐ง ๐
Launched in 2015 by Vitalik Buterin, Ethereum isnโt just another blockchain โ itโs the foundation of decentralized innovation.
๐ ๏ธ Built on the core principle of decentralization, Ethereum lets anyone build and launch decentralized apps (DApps) on a secure, censorship-resistant global network. No middlemen. No gatekeepers.
๐ธ Powering it all? ETH (Ether) โ the native currency used to pay for every transaction (aka gas fees). If it happens on Ethereum, it runs on ETH.
๐ But the real magic? Smart Contracts โ code that runs autonomously, enabling everything from DeFi protocols to NFTs, DAOs, and beyond.
โก In 2022, Ethereum made history by transitioning from Proof of Work (PoW) to Proof of Stake (PoS). This switch slashed energy usage by over 99% and made staking (32 ETH) the new way to secure the network โ no more power-hungry mining.
๐ Ethereumโs open-source nature and unstoppable community continue to drive innovation. From L2 scaling to real-world tokenization,
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