$ETH Ethereum: A Digital Revolution Beyond Cryptocurrency

Ethereum, or ETH, is more than just a digital currency; it is a revolutionary platform behind many innovations in the world of technology. Founded in 2015 by Vitalik Buterin, a Russian-Canadian programmer, Ethereum quickly became the second largest cryptocurrency by market capitalization after Bitcoin.

What makes Ethereum special?

Ethereum is not just a digital currency that can be traded; it is a platform for building decentralized applications (DApps) and executing smart contracts. These smart contracts are self-executing digital agreements that operate independently without the need for a third party. Thanks to this technology, Ethereum can be used for a wide range of applications, such as:

* Decentralized Finance (DeFi): Creating decentralized lending and borrowing platforms, cryptocurrency exchanges, and other financial services.

* Non-fungible tokens (NFTs): Creating, selling, and buying unique digital assets, such as artwork and collectibles.

* Supply chains: transparent and secure tracking and quality control of products.

* Voting: transparent and secure elections using blockchain technology.

Ethereum 2.0: A paradigm shift

Ethereum underwent a major upgrade in 2022, moving from Proof of Work (PoW) to Proof of Stake (PoS) with the launch of Ethereum 2.0. This shift has led to:

* Increased network efficiency: reduced energy consumption and improved transaction speed.Make the network more resilient