Ethereum is a decentralized, open-source blockchain platform that enables the creation and deployment of smart contracts and decentralized applications (dApps). Launched in 2015, it introduced the revolutionary concept of programmable blockchains, allowing developers to build applications beyond traditional cryptocurrencies. Ethereum's native token, Ether (ETH), powers the network and is used for transactions, staking, and executing smart contracts. With its recent transition to Ethereum 2.0 through the merge, it has adopted a more sustainable Proof of Stake (PoS) consensus mechanism, significantly reducing energy consumption. As a foundational layer for decentralized finance (DeFi), NFTs, and Web3 innovations, Ethereum continues to drive blockchain adoption globally.

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