๐ข What is Ethereum (ETH)? โ A Quick Guide for Beginners!
๐น Ethereum is the second-largest cryptocurrency by market cap โ but itโs much more than just digital money!
๐ธ Itโs a smart contract platform that powers:
๐ Decentralized Finance (DeFi)
๐ผ๏ธ NFTs (Non-Fungible Tokens)
๐ง DAOs (Decentralized Autonomous Organizations)
๐ป Web3 apps
๐น ETH is the fuel (gas) for running applications on the Ethereum network.
๐ Key Facts:
โ Launched in 2015
โ๏ธ Uses Proof of Stake (since "The Merge" in 2022)
๐๏ธ Backbone of DeFi ecosystem
๐ธ ETH can be staked to earn passive income
๐ก Did you know? ETH is like the โoilโ of the blockchain economy โ every transaction on Ethereum needs it!
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๐ฐ Want to trade or invest in ETH?
๐ Tap $ETH or use the price widget below and start smart with your first trade!
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