$ETH
🔍 Comprehensive analysis of Ethereum (ETH)
Ethereum is not just a means of payment, but a revolutionary financial and technical infrastructure that opens the door to a decentralized, transparent, and fair economy.
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✅ Key features of Ethereum:
1. Smart Contracts:
• Self-executing programs without the intervention of a third party.
• Used in transactions, insurance, leasing, and more.
• 🏦 Impact: Reducing administrative costs and avoiding fraud.
2. Decentralized Finance (DeFi):
• Transforming the banking system into applications without intermediaries.
• Loans, trading, saving… all from your phone.
• 💰 Impact: Facilitating access to finance, especially for people excluded from banks.
3. Non-Fungible Tokens (NFTs):
• Digital representation of ownership (art, music, documentation).
• 📊 Impact: Creating new income sources for artists and producers.
4. Crowdfunding:
• Projects that gather funds directly from people.
• 🧱 Impact: Breaking the monopoly of banks and large investors.
5. Digital Identity:
• Proof of identity without government documents.
• 🌍 Impact: Facilitating financial inclusion for migrants and refugees.
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📉 Weaknesses:
• Fees were high (before the ETH 2.0 upgrade).
• Some projects carry risks (scams – hacks).
• Requires technical knowledge to understand the system.
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🔄 Future development:
• Ethereum 2.0 transformed the network from Proof of Work to Proof of Stake:
• ⚡ Faster.
• 🌱 Lower energy consumption.
• 🔒 Higher security