In brief
- Ethereum transformed the blockchain industry by enabling smart contracts, DAOs, NFTs, and decentralized apps.
- From its 2015 launch to The Merge in 2022, Ethereum has driven innovation and faced growing pains.
- Ethereum powers DeFi and NFTs, but still battles high fees, scalability limits, and fierce competition.
Ethereum, the second-biggest cryptocurrency after Bitcoin, is a blockchain-powered platform for creating decentralized applications (dapps).
Ethereum is not just a cryptocurrency. It’s a global, decentralized network that enables smart contracts—self-executing programs on the blockchain—and decentralized applications, or dapps, that run without banks, governments, or big tech.
When programmer Vitalik Buterin published a “
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Author: Matt Hussey,Jason Nelson
