$ETH Ethereum (ETH) is a blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin, Ethereum has revolutionized the world of cryptocurrencies by offering more than just a digital currency. Its native cryptocurrency, Ether, is used to conduct transactions and pay fees within the network. With the transition to Ethereum 2.0, a proof of stake (PoS) system is being implemented that promises to improve scalability and reduce energy consumption. Ethereum has been fundamental in the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs), positioning itself as one of the leading platforms in the blockchain ecosystem.
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