Ethereum (ETH) is a decentralized, open-source blockchain platform launched in 2015 by Vitalik Buterin. Unlike Bitcoin, which is mainly a digital currency, Ethereum allows developers to build and deploy smart contracts—self-executing programs that run without third-party interference. ETH, the native cryptocurrency of the network, is used to pay for transactions and computational services. Ethereum has become the foundation for decentralized applications (dApps) and the booming decentralized finance (DeFi) sector. With its transition to Ethereum 2.0 and the proof-of-stake mechanism, it aims to become more energy-efficient and scalable, making it a vital asset in the crypto ecosystem.
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