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Ethereum was launched in 2015 after a young computer programmer, Vitalik Buterin, proposed that the blockchain technology underpinning the Bitcoin protocol could be used to support self-executing contracts, called “smart contracts”. A group now known as the Ethereum cofounders got together to flesh out this idea, and the Ethereum protocol emerged from that.

Initially marketed as a “world computer,” Ethereum has since undergone, among other things, a controversial hard fork and a switch to a more energy-efficient proof-of-stake consensus mechanism. It is now focusing on scaling to onboard millions of users.

As the world’s most popular smart contracting platform, Ethereum is home to thousands of apps, including games, DeFi services, NFT platforms, Layer 2 platforms, liquid staking services, and more. It secures more than 55% of all the value locked in DeFi, totaling over $47 billion on the Ethereum chain alone, and will continue to be a key player as the cryptocurrency market evolves.

Ethereum was the first global, decentralized platform offering self-executing smart contracts.

It is the world’s #2 cryptocurrency, and outside of Bitcoin, it is the most recognizable cryptocurrency.

Ethereum supports over 4,000 dApps and secures a DeFi economy worth over $47 billion.

The protocol is actively being scaled to onboard millions of users and its continued evolution helps to keep it relevant.