#Trump100Days Ethereum is an open-source, decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was founded in 2014 by Vitalik Buterin.
Key Features
1. *Smart Contracts*: Self-executing contracts with the terms of the agreement written directly into lines of code.
2. *Decentralized Applications (dApps)*: Applications that run on the Ethereum blockchain, allowing for transparency, security, and decentralization.
3. *Ether (ETH)*: The native cryptocurrency of the Ethereum platform, used for transaction fees and other purposes.
Use Cases
1. *DeFi (Decentralized Finance)*: Ethereum is widely used in DeFi applications, such as lending, borrowing, and trading platforms.
2. *NFTs (Non-Fungible Tokens)*: Ethereum is a popular platform for creating and trading NFTs, which are unique digital assets.
3. *Gaming*: Ethereum is used in various blockchain-based games, allowing for decentralized and transparent gameplay.
Benefits
1. *Decentralization*: Ethereum operates on a decentralized network, making it resistant to censorship and downtime.
2. *Security*: Ethereum's blockchain technology provides a secure and transparent way to execute transactions and smart contracts.
3. *Innovation*: Ethereum's platform allows for the creation of new and innovative applications, driving growth and adoption in the blockchain space.