#ETHBreaks2k
Ethereum is a decentralized, open-source blockchain platform that facilitates the development of smart contracts and decentralized applications (dApps). Proposed by Vitalik Buterin in 2013 and launched in 2015, it revolutionized the way blockchain technology is used. Ethereum’s native cryptocurrency, Ether (ETH), powers transactions and computational processes on the network. Unlike Bitcoin, Ethereum supports a wide variety of applications beyond simple transfers of value, including decentralized finance (DeFi), non-fungible tokens (NFTs), and governance systems. With its planned transition to Ethereum 2.0, which aims to improve scalability and sustainability through a proof-of-stake consensus mechanism, Ethereum is shaping the future of decentralized technology.