$ETH

Ethereum (ETH) is a decentralized blockchain platform enabling developers to build and deploy smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin, Ethereum introduced Ether (ETH) as its native cryptocurrency, facilitating transactions and powering the network's operations. Unlike Bitcoin, which primarily serves as a digital currency, Ethereum's flexibility allows for the creation of various blockchain-based solutions, including decentralized finance (DeFi) applications, non-fungible tokens (NFTs), and more. In 2022, Ethereum transitioned from a proof-of-work to a proof-of-stake consensus mechanism, enhancing scalability and reducing energy consumption.

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Hashtags: #Ethereum #ETH #Crypto #Blockchain #SmartContracts #DeFi