Today we are also talking about the Ethereum currency, which we expect will have a strong boom in the coming years that may reach more than $7,000 dollars.
Ethereum
1. **Smart Contracts**:
Ethereum was launched in 2015 by Vitalik Buterin.
Ethereum allows the creation and operation of smart contracts, which are self-executing programs that are managed automatically when certain conditions are met.
This feature makes Ethereum a flexible platform for developing decentralized applications (DApps).
2. **Advanced Blockchain**:
Ethereum uses an improved version of blockchain technology, allowing for more efficient processing of transactions and smart contracts.
- Ethereum is planning to move to a Proof of Stake system instead of a Proof of Work system to increase efficiency and reduce energy consumption.
3. **Rich ecosystem**:
Thanks to smart contracts, the Ethereum platform has evolved to support a large number of decentralized applications (DApps) and decentralized financial (DeFi) projects.
Ethereum is used as a basis for the creation of many other digital currencies (Tokens).
4. **Strong developer community**:
Ethereum has an active and strong developer community that continuously contributes to improving and developing the network.
- Great support from the community contributes to continuous innovation and technological improvements