#EthereumFuture

Ethereum is one of the most famous cryptocurrencies after Bitcoin, launched in 2015. Its symbol is ETH.

Here are the key facts about it:

Founder: Vitalik Buterin and a team of developers.

Blockchain: Ethereum is not just a currency; it is a platform for running smart contracts and decentralized applications (DApps).

Uses:

Running decentralized finance (DeFi) applications.

Minting and trading non-fungible tokens (NFTs).

Uses in gaming, digital identity, and record management.

Transition to Proof of Stake: In September 2022, the Ethereum network transitioned from a Proof of Work (PoW) system to a Proof of Stake (PoS) system in an update known as "The Merge," significantly reducing energy consumption.