#ETH

Ethereum is a decentralized, open-source blockchain platform launched in 2015 by Vitalik Buterin and others. Unlike Bitcoin, which focuses solely on peer-to-peer currency, Ethereum introduced smart contracts—self-executing programs that run without third-party intervention. Its native token, Ether (ETH), is used to pay for transactions and computational services on the network. Ethereum powers thousands of decentralized applications (dApps), including DeFi platforms, NFT marketplaces, and games. With the shift to Ethereum 2.0 and proof-of-stake consensus, the network aims to be more scalable and energy-efficient. Ethereum is the backbone of Web3, promoting programmability and innovation across the crypto space.