Ethereum (ETH)

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What Is Ethereum?

Ethereum (ETH) is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps). Launched in 2015, it introduced programmable money and laid the foundation for DeFi, NFTs, and Web3.

ETH is used to pay for transactions and computational services on the Ethereum network. It transitioned to Proof of Stake in 2022, reducing energy consumption and enabling staking rewards.

Where to Buy Ethereum

Ethereum Key Stats

  • Launch Year: 2015
  • Consensus: Proof of Stake (PoS)
  • Use Cases: Smart contracts, dApps, DeFi, NFTs

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