Ethereum (ETH) – Powering the Decentralized Internet

Launched in 2015 by *Vitalik Buterin* and a team of developers, Ethereum (ETH) is a groundbreaking blockchain that extends beyond simple payments. It introduced the concept of **smart contracts**, which are self-executing agreements that automatically perform when certain conditions are met.

This innovation made Ethereum the backbone of **decentralized applications (dApps)** — powering everything from DeFi platforms to NFTs and gaming ecosystems. Developers can create their own tokens, build financial tools, and launch digital services directly on Ethereum’s network.

Ethereum runs on its native token, **ETH**, which is used to pay transaction fees and interact with applications. In 2022, Ethereum transitioned from proof-of-work to **proof-of-stake**, significantly improving its energy efficiency and scalability.

As one of the most influential blockchains in the world, Ethereum represents the vision of a **decentralized internet**, where users maintain control over their data and assets. Its ongoing upgrades continue to shape the future of Web3, making it a cornerstone of the digital economy.

In summary: Ethereum isn’t just a cryptocurrency — it’s a platform transforming how people build, trade, and connect on the internet.