$ETH A Ethereum (ETH) is a decentralized platform based on blockchain that enables the creation and execution of smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and other developers, Ethereum was designed to go beyond the functionalities of Bitcoin, offering a more flexible infrastructure for programming decentralized applications. Its native asset, Ether (ETH), is used as fuel to execute operations on the network, such as paying transaction fees (gas).
One of the biggest innovations of Ethereum is the ability to create self-executing contracts, eliminating the need for intermediaries in various processes, from finance to gaming and digital art (such as NFTs). In 2022, Ethereum underwent an important update called *The Merge*, in which it changed its consensus mechanism from Proof of Work (PoW) to Proof of Stake (PoS), making the network more energy efficient and sustainable in the long term.
Ethereum continues to be one of the leading blockchain networks in the world, with an active community of developers and a robust ecosystem of innovative projects.
Do you want to know more about how to invest in ETH or about the technical workings?