Ethereum (ETH) is one of the most famous cryptocurrencies, which arose as a result of the idea to create a platform for decentralized applications (dApps) and smart contracts. Founded in 2015 by Vitalik Buterin and a team of developers, Ethereum has become not just a digital currency, but also a powerful ecosystem for developers and businesses.
One of the key features of Ethereum is the ability to create smart contracts - self-executing agreements with conditions laid down in them. This allows automation of various processes, reducing the need for intermediaries and increasing the transparency of transactions.
Ethereum also plays a central role in the development of decentralized finance (DeFi) and non-fungible tokens (NFTs). These technologies open up new horizons for investment and the creation of unique digital assets. Ethereum's transition from Proof of Work (PoW) to Proof of Stake (PoS) as part of the Ethereum 2.0 update is intended to improve the scalability, security and energy efficiency of the network.
Now Ethereum continues to attract the attention of investors and developers, remaining one of the most exciting platforms in the cryptocurrency world.