Ethereum

Ethereum is a smart contract blockchain enabling decentralized applications, DeFi, NFTs and Web3 ecosystems.

Ethereum is a decentralized blockchain platform launched in 2015 that enables smart contracts and decentralized applications without intermediaries, supporting DeFi, NFTs, DAOs and Web3 ecosystems through its proof-of-stake network and large developer community.

A global programmable blockchain for smart contracts using Proof of Stake (PoS). It allows developers to build decentralized applications (dApps) and financial systems. Validators stake their own currency to verify transactions instead of using energy-intensive mining.

Decentralized Computing: Used as "gas" to pay for the execution of smart contracts, hosting decentralized applications (dApps), and minting/trading NFTs on the world's most active developer network.

Deflationary Infrastructure: Used to pay for "gas" to execute smart contracts. Its tokenomics include a burn mechanism (EIP-1559) that destroys a portion of fees, potentially making it deflationary. It is the primary collateral for DeFi and the base currency for the NFT market.