$ETH

$ETH #ETH

Ethereum (ETH) is a decentralized, open-source blockchain platform that enables smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, Ethereum introduced the concept of "smart contracts," which are self-executing contracts with the terms of the agreement directly written into code. This eliminates intermediaries and ensures transparency and security. Ethereum’s native cryptocurrency, Ether (ETH), is used to power the network, pay transaction fees, and incentivize validators who secure the blockchain. Ethereum has undergone several upgrades, including transitioning from proof-of-work (PoW) to proof-of-stake (PoS) with Ethereum 2.0, aiming to improve scalability, security, and energy efficiency. ETH is widely used in decentralized finance (DeFi), NFTs, and other blockchain-based innovations