$ETH Ethereum is a decentralized blockchain platform known for its smart contract functionality. Launched in 2015 by Vitalik Buterin, it enables developers to build decentralized applications (DApps) and execute automated agreements without intermediaries. Ethereum’s native cryptocurrency, **Ether (ETH)**, is used for transactions and computational services. It transitioned from **Proof of Work (PoW) to Proof of Stake (PoS)** with Ethereum 2.0, improving scalability and energy efficiency. The network hosts **DeFi projects, NFTs, and DAOs**, making it a key player in Web3 innovation. Despite competition, Ethereum remains dominant due to its strong developer community and continuous upgrades like **The Merge and Sharding**. #BybitSecurityBreach