#TariffsPause Ethereum (ETH) is a decentralized platform based on blockchain that allows the creation and execution of smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and other developers, Ethereum goes beyond simple transaction recording, like Bitcoin, by allowing more complex functionalities, such as the creation of tokens and autonomous systems. Its native token, Ether (ETH), is used both as currency and to pay transaction fees and contract execution on the network, known as "gas".

One of the biggest innovations of Ethereum was the introduction of the Ethereum Virtual Machine (EVM), which allows smart contract codes to be executed exactly as programmed, without the risk of censorship or third-party interference. In September 2022, Ethereum underwent a historic upgrade called "The Merge", which replaced the proof of work mining model with proof of stake, significantly reducing the network's energy consumption.

Ethereum is the foundation of much of the DeFi (decentralized finance) ecosystem, NFTs (non-fungible tokens), and various blockchain innovations. Its development continues to be active, focusing on scalability and usability for a more decentralized future.

Have you ever used any Ethereum-based dApp?