Ethereum (ETH): The Leading Smart Contract Platform
Ethereum is a decentralized blockchain platform that is one of the most important cryptocurrencies in the world. Here I wrote some facts about Ethereum.
Here are the main facts about Ethereum($ETH ):
1. Ethereum was launched in 2015 as an alternative to Bitcoin, focusing on the ability to create and execute smart contracts.
2. Ethereum's primary asset is the ETH coin, which is used to pay for transactions and fees on the platform.
3. Ethereum uses the Proof-of-Work (PoW) consensus algorithm, but plans to switch to Proof-of-Stake (PoS) as part of the Ethereum 2.0 update.
4. Ethereum 2.0 promises to significantly improve the scalability, speed and energy efficiency of the Ethereum network.
5. Ethereum is a popular platform for developing decentralized applications (dApps) and conducting initial coin offerings (ICOs).
