#TradingPsychology

Ethereum is a decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (DApps). Launched in 2015 by Vitalik Buterin, it uses the cryptocurrency Ether (ETH) to power its network. Unlike Bitcoin, which focuses on payments, Ethereum allows the execution of programmable code without intermediaries. In 2022, the network underwent a major update called The Merge, transitioning from the Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS), making it more efficient and sustainable. Currently, Ethereum is widely used in decentralized finance (DeFi), NFTs, and various other applications in the blockchain world.