$ETH Here's a short discussion on Ethereum (ETH):
Ethereum (ETH) is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and others, Ethereum introduced a more versatile blockchain compared to Bitcoin by allowing programmability through its Ethereum Virtual Machine (EVM).
One of Ethereum’s most significant developments is its transition from Proof of Work (PoW) to Proof of Stake (PoS) through an upgrade known as Ethereum 2.0 or "The Merge" in 2022. This change made the network more energy-efficient and scalable. ETH, the native cryptocurrency of Ethereum, is used for transaction fees, staking, and interacting with smart contracts.
Ethereum plays a central role in the decentralized finance (DeFi) ecosystem, NFTs (non-fungible tokens), and Web3 development, making it one of the most important technologies in the blockchain space today.
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