Ethereum (ETH) is the second-largest cryptocurrency by market cap and the leading smart contract platform in the blockchain space. Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum allows developers to build decentralized applications (dApps), deploy smart contracts, and participate in the evolving ecosystem of DeFi, NFTs, and Web3.
Ethereum has undergone significant upgrades, most notably The Merge, which transitioned the network from Proof of Work (PoW) to Proof of Stake (PoS), greatly improving energy efficiency and setting the stage for further scalability improvements through sharding and layer 2 solutions.
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