ETHEREUM
(ETH) is the native cryptocurrency of the Ethereum blockchain, launched in 2015 by Vitalik Buterin. Unlike Bitcoin, Ethereum was designed as a programmable platform for decentralized applications and smart contracts. These self-executing contracts automatically enforce agreements without intermediaries, powering DeFi, NFTs, and DAOs. ETH pays for transaction fees called gas and secures the network through staking after Ethereum's 2022 shift to proof-of-stake, known as The Merge. With continuous upgrades like sharding planned Ethereum aims to improve scalability and reduce costs. As the second-largest cryptocurrency by market cap, ETH remains central to Web3 innovation and decentralized finance globally
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