What is Ethereum?
Ethereum is a decentralised, programmable blockchain that introduced general-purpose smart contracts to crypto. ETH, its native asset, is used to pay for transaction fees ("gas") and to secure the network through staking.
Ethereum is a decentralised, programmable blockchain that introduced general-purpose smart contracts to crypto. ETH, its native asset, is used to pay for transaction fees ("gas") and to secure the network through staking.
Ethereum was proposed by Vitalik Buterin in late 2013 and launched in July 2015 after a successful crowdsale. In September 2022 the network completed "The Merge", transitioning from Proof of Work to Proof of Stake and reducing its energy consumption by over 99%.