$ETH $ETH $ETH Everything You Need to Know About Ethereum (ETH) and Its Future in the Blockchain World
What is Ethereum (ETH)?
Ethereum is one of the most famous and important cryptocurrencies in the world, and it is more than just a digital currency like Bitcoin. It was launched in 2015 by Vitalik Buterin, and it is an open-source blockchain platform that allows for the development and operation of smart contracts and decentralized applications (DApps) without the need for an intermediary.
Features of Ethereum
✔ Smart Contracts: Allow agreements to be executed automatically without the need for a third party.
✔ Decentralized Applications (DApps): Support the building of applications that run on the blockchain without interruption.
✔ Transition to Proof of Stake (PoS): The network transitioned from Proof of Work (PoW) to Proof of Stake (PoS) through the "The Merge" update, making it more efficient and less energy-consuming.