$ETH
Ethereum is a decentralized blockchain platform launched in 2015 by Vitalik Buterin. Unlike Bitcoin, Ethereum was designed to support smart contracts — self-executing agreements coded directly into the blockchain. This innovation allows developers to create decentralized applications (dApps), powering sectors like decentralized finance (DeFi), NFTs, gaming, and Web3. Ethereum’s transition to Proof of Stake (PoS) with “The Merge” significantly reduced its energy consumption, making it more sustainable. The Ethereum network continues to evolve, with upgrades aimed at improving scalability, security, and transaction speed. Its versatility has positioned it as a leader in blockchain innovation beyond simple digital currency.
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