Ethereum (ETH)
Ethereum is a blockchain platform designed for developing decentralized applications (dApps). Its key features are:
1. Creator: Ethereum was developed by Vitalik Buterin and launched in 2015.
2. Smart contracts: Ethereum allows the creation of automated agreements (smart contracts) that are executed automatically when specified conditions are met.
3. ETH (Ether): The cryptocurrency of Ethereum is used to pay for transactions and interact with smart contracts on the network.
4. Proof-of-Stake (PoS): Since 2022, Ethereum has transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS), significantly reducing its energy consumption.
5. Application: Ethereum supports a variety of projects, including DeFi (decentralized finance), NFTs, games, and DAOs (decentralized autonomous organizations).
Advantages:
A wide ecosystem of dApps.
High security and decentralization.
Active development and community support.
Disadvantages:
High transaction fees during periods of high network congestion.
Competition with other blockchain platforms (e.g., Solana, Polkadot).
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