Ethereum

Ethereum

Category: Public Blockchain Protocol

Region: Switzerland (Zug)

Website: ethereum.org

About Ethereum

Ethereum is a decentralized, open-source blockchain platform launched in 2015 by Vitalik Buterin and a team of developers. It was designed not just to handle digital currency like Bitcoin but also to support smart contractsβ€”self-executing programs that run on the blockchain without intermediaries. This capability makes Ethereum the backbone for a wide range of decentralized applications (dApps), covering everything from DeFi and NFTs to gaming and identity services.

Its native cryptocurrency, Ether (ETH), is used to pay transaction fees, interact with dApps, and secure the network through staking since Ethereum transitioned from proof of work to proof of stake with the Merge in 2022. Known for its large developer community and constant upgrades, Ethereum remains central to the broader Web3 and blockchain ecosystem.


Review Summary

Total Reviews: 15

Average Rating: 4.1/5

Top Review by user620

(5/5)

Ethereum is the backbone of DeFi and NFTs. As a developer, I’ve deployed multiple smart contracts, and despite high gas fees, the ecosystem is unmatched. The merge to PoS was a game-changer:staking ETH now earns me passive income.

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