#XRPETF Ethereum (ETH) is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and a team of co-founders, Ethereum has become one of the most significant blockchain networks after Bitcoin.

The Ethereum network operates on its native cryptocurrency, Ether (ETH), which is used to pay for transaction fees and computational services on the platform. One of Ethereum's most notable features is its ability to execute smart contracts—self-executing contracts with the terms of the agreement directly written into code. These contracts automatically execute without intermediaries, providing transparency and security.

Ethereum has undergone various upgrades over the years, with "Ethereum 2.0" being the most anticipated. This upgrade aims to transition the network from a Proof of Work (PoW) consensus mechanism to Proof of Stake (PoS), which is more energy-efficient and scalable. Ethereum also facilitates the growth of decentralized finance (DeFi) projects, non-fungible tokens (NFTs), and decentralized autonomous organizations (DAOs), further expanding its impact on the digital economy.

Ethereum continues to lead the way in blockchain innovation, driving significant changes in finance, technology, and digital ownership, and maintaining its position as the second-largest cryptocurrency by market capitalization.