$ETH Ethereum (ETH) Overview:

Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (DApps). It was proposed by Vitalik Buterin in 2013 and launched in 2015.

Key Features:

Smart Contracts: Self-executing contracts with predefined rules.

Decentralized Applications (DApps): Apps running on the blockchain without intermediaries.

Proof-of-Stake (PoS): Transitioned from Proof-of-Work (PoW) to PoS with Ethereum 2.0 (The Merge) in 2022, improving scalability and energy efficiency.

Gas Fees: Users pay ETH as fees for transactions and contract execution.

ERC-20 & ERC-721 Tokens: Standards for creating fungible and non-fungible tokens (NFTs).

Use Cases:

DeFi (Decentralized Finance) – Lending, borrowing, and yield farming.

NFTs (Non-Fungible Tokens) – Digital ownership of art, collectibles, and assets.

DAOs (Decentralized Autonomous Organizations) – Community governance without centralized control.

Ethereum remains the second-largest cryptocurrency by market cap, driving blockchain innovation and adoption.