Ethereum

About Ethereum

Ethereum (ETH) is a decentralized blockchain platform that enables developers to build and deploy smart contracts and decentralized applications without central authority control. Unlike Bitcoin, Ethereum functions as a programmable global computer running on the Ethereum Virtual Machine, where self-executing smart contracts eliminate the need for intermediaries. Its 2022 transition to Proof of Stake reduced energy consumption by over 99%. Ethereum hosts a vast ecosystem including DeFi protocols, NFT marketplaces, and gaming platforms, and remains the largest smart contract blockchain by developer activity and total value locked.