$ETH Ethereum (ETH) is a leading blockchain platform that extends beyond the capabilities of traditional cryptocurrencies like Bitcoin. Created by Vitalik Buterin in 2015, Ethereum enables the development of smart contracts and decentralized applications (dApps). ETH, the platform's native currency, powers the entire ecosystem by facilitating transactions and executing smart contracts without third-party involvement.
Ethereum has been a game-changer in the world of decentralized finance (DeFi) and non-fungible tokens (NFTs), allowing creators, developers, and investors to interact in a decentralized way. With its ongoing Ethereum 2.0 upgrade, the platform has transitioned from a proof-of-work to a more energy-efficient proof-of-stake consensus mechanism. This evolution enhances scalability and reduces the environmental impact, making Ethereum even more sustainable.
As Ethereum continues to grow, its potential to reshape industries and create new opportunities in the blockchain space remains limitless.
