#NasdaqETFUpdate Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps) without any downtime, fraud, or control by a central authority. Launched in 2015 by Vitalik Buterin, Ethereum introduced the concept of programmable blockchain through its native cryptocurrency, Ether (ETH). It allows developers to build and deploy applications using its robust programming language, Solidity. In 2022, Ethereum transitioned to a proof-of-stake consensus mechanism, significantly reducing its energy consumption. This shift, known as “The Merge,” enhanced scalability and sustainability. Ethereum continues to drive innovation in decentralized finance (DeFi), non-fungible tokens (NFTs), and Web3 technologies globally.