#EtheEthereum (ETH), one of the most fascinating cryptocurrencies and blockchain platforms with the greatest impact in the digital world.
Ethereum is much more than just a simple cryptocurrency; it is a decentralized open-source platform that allows developers to build and deploy decentralized applications, known as dApps. Unlike Bitcoin, which mainly focuses on being a digital currency, Ethereum aims to be a kind of "world computer" where anyone can create and run software that is immune to censorship, fraud, and third-party interference.
The heart of Ethereum is smart contracts. These are self-executing agreements with the terms of the agreement directly written in lines of code. They automatically execute when predefined conditions are met, eliminating the need for intermediaries. This has opened up a myriad of possibilities, from secure voting systems to prediction markets and, of course, popular decentralized finance (DeFi) and non-fungible tokens (NFTs).
Its native cryptocurrency, Ether (ETH), is used to pay transaction fees (known as "gas") for executing operations on the network and can also be used as a store of value or for investment. The constant evolution of Ethereum, such as the transition to Ethereum 2.0 (now known as "The Merge" and subsequent updates), aims to improve its scalability, security, and sustainability through a Proof of Stake consensus mechanism, making it a technology project with immense potential.
