Ethereum: The Foundation of Smart Contracts and Web3
Ethereum is a leading Web3 blockchain platform best known for introducing smart contracts, which are self-executing programs that run on the blockchain without intermediaries. These smart contracts enable developers to build decentralized applications (dApps) for finance (DeFi), digital identity, gaming, and non-fungible tokens (NFTs). With the transition to Proof of Stake (Ethereum 2.0), Ethereum has significantly improved energy efficiency and network security. As the backbone of many Web3 innovations, Ethereum continues to play a central role in decentralization and trustless digital interactions.