ETH
Ethereum
Ethereum is a groundbreaking Proof-of-Stake blockchain fueling decentralized applications (dApps) through smart contracts, free from central control. Its extensive ecosystem hosts diverse dApps, from decentralized exchanges to lending platforms.
Ethereum's innovation lies in ERC-20 tokens, native to its blockchain, enabling governance, utility, and value storage. Despite gas fees being paid in ETH, Layer 2 solutions like Arbitrum enhance transaction efficiency.
Originating from Vitalik Buterin's 2013 whitepaper, Ethereum transitioned to Proof-of-Stake in 2022. Sharding, the final phase of Ethereum 2.0, promises enhanced scalability and decentralization.
ETH, Ethereum's native coin, powers transactions, rewards validators, and serves as a cryptocurrency for trading and collateralization. With Ethereum, users engage in a decentralized digital economy with unparalleled versatility and potential for growth.
