Ethereum (ETH)

Ethereum is the leading smart contract platform and the primary base layer for a wide range of decentralised applications. Where Bitcoin focuses on being a secure and scarce digital asset, Ethereum was designed to be programmable. Developers can deploy smart contracts that run exactly as written, enabling use cases such as decentralised finance, non-fungible tokens, on-chain gaming, identity systems and more. The native token, ETH, is required to pay transaction fees. In 2022, Ethereum completed its transition from proof-of-work to proof-of-stake, a major technical milestone often referred to as 'the Merge.' This change reduced the network's energy consumption and altered ETH's issuance dynamics. Ethereum's approach to scaling is modular. Rather than pushing all activity onto the main chain, Ethereum encourages the use of layer-two solutions known as rollups. Projects such as Optimism, Arbitrum, Base and various zero-knowledge rollups are part of this ecosystem. One of Ethereum's enduring strengths is its developer base. It consistently attracts a large number of builders, tooling providers and researchers. The protocol roadmap includes future improvements to data availability, execution efficiency and validation.

Ethereum (ETH)

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About Ethereum (ETH)