Ethereum (ETH) is the second most popular cryptocurrency after Bitcoin ๐, launched in 2015 by Vitalik Buterin ๐จโ๐ป. It is distinguished by being an open-source platform that enables developers to build decentralized applications (DApps) ๐ฑ using smart contracts ๐ง ๐ผ, which are programs that execute automatically without human intervention.
The Ethereum network relies on blockchain technology ๐ to record transactions transparently and securely ๐. In 2022, it underwent a massive upgrade called โThe Mergeโ ๐ where it transitioned from a Proof of Work (PoW) โ๏ธ to a Proof of Stake (PoS) ๐ช mechanism, making it more environmentally friendly ๐ฑ and less energy-consuming โก.
Ethereum is not just a currency; it is an ecosystem that supports DeFi projects ๐ฆ, NFTs ๐จ, and blockchain games ๐ฎ. Despite market fluctuations ๐๐, ETH remains one of the cornerstones in the crypto world ๐ and is considered a promising investment opportunity for the future ๐๐.
