Ethereum

ETH

News

Ethereum revolutionized blockchain technology by introducing programmable smart contracts, enabling developers to build decentralized applications beyond simple transactions. As the first blockchain computing platform, it created an entire ecosystem for decentralized finance, NFTs, DAOs, and Web3 infrastructure. Following its transition from proof-of-work to proof-of-stake through "The Merge" in 2022, Ethereum significantly reduced its energy consumption while maintaining security. Its native cryptocurrency, ETH, serves multiple functions: powering network operations, securing the network through staking, and serving as the reserve asset across the Ethereum ecosystem. Ongoing scalability developments via layer-2 solutions and sharding aim to address transaction costs and throughput limitations.

Launched: Jul 2015