#BinanceTurns8 Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and applications (dApps). Its native cryptocurrency is Ether (ETH), used to pay for transactions and gas fees. Founded by Vitalik Buterin in 2015, Ethereum is the second largest cryptocurrency by market capitalization. Its network evolved with Ethereum 2.0, migrating from Proof of Work (PoW) to Proof of Stake (PoS) for greater scalability and energy efficiency. ETH is used in decentralized finance (DeFi), NFTs, and more. It is key in Web3 and continues to innovate with updates.