#ETHRally
Ethereum (ETH) is a decentralized, open-source blockchain system that enables smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, Ethereum introduced programmability to blockchain technology, going beyond Bitcoin's capabilities. Its native cryptocurrency, Ether (ETH), is used for transaction fees, staking, and powering dApps. Ethereum transitioned to a Proof-of-Stake consensus mechanism in 2022 with "The Merge," greatly reducing energy consumption. The platform supports innovations in DeFi, NFTs, DAOs, and more. With continuous upgrades like sharding and layer 2 scaling solutions, Ethereum remains a foundational technology in the evolving Web3 ecosystem, aiming for greater scalability and accessibility.
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