@alexsobol
Ethereum (ETH): The Platform for Decentralized Applications
Ethereum (ETH) is more than a cryptocurrency; it's a platform for decentralized applications (dApps) .
What is Ethereum❓
Founded by Vitalik Buterin in 2015, Ethereum is a blockchain platform for smart contracts and dApps, crucial to Web3.
▶️ Smart Contracts
Smart contracts on Ethereum are self-executing, ensuring no downtime, censorship, or fraud . This reduces intermediaries, enhancing efficiency .
▶️ dApps
dApps on Ethereum offer security and transparency. DeFi apps let users lend, borrow, and trade without traditional banks. Ethereum-based games offer unique in-game assets .
🚀 Ethereum 2.0
Ethereum 2.0 (Eth2) shifts to Proof of Stake (PoS) for better security, reduced energy use, and faster transactions .
Why Ethereum Matters
Ethereum promotes a decentralized internet, enhancing data control and transparency. It's key in Web3's evolution, fostering innovation and empowerment .
📌 Explore Ethereum's potential!
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