$ETH Ethereum is a decentralized blockchain platform that allows for the creation and execution of decentralized applications (dApps) and smart contracts, in addition to being the foundation for its cryptocurrency, Ether. Founded by Vitalik Buterin and other co-founders, Ethereum was launched in 2015 after an online public sale in 2014.

Founders:

Vitalik Buterin: The main creator and author of the 2013 whitepaper that defined Ethereum.

Other co-founders: The project involved the collaboration of other developers and experts for its creation and development.

Objective:

Ethereum aims to become a global platform for dApps, allowing developers to create and run censorship-resistant, downtime-resistant, and fraud-resistant software.

It enables the execution of smart contracts, which are automated agreements that execute when the defined conditions are met.

Operation:

Ethereum uses blockchain technology to securely and transparently record transactions and execute smart contracts.

It has its own cryptocurrency, Ether (ETH), which serves as a means of payment for transaction fees and execution of smart contracts.

The Ethereum Virtual Machine (EVM) is the virtual machine where smart contracts are executed. $ETH #ETH🔥🔥🔥🔥🔥🔥