Since 2015, Ethereum has evolved into one of the largest blockchain projects, pioneering smart contracts and creating an ecosystem of digital innovations.
The Origins of Ethereum
Ethereum was envisioned by Vitalik Buterin in 2013 as a platform capable of executing more than simple transactions. Supported by renowned co-founders like Charles Hoskinson and Joseph Lubin, the project officially launched in 2015.
How Ethereum Works
Ethereum functions as a decentralized platform for creating and executing smart contracts and decentralized applications. It has enabled countless applications from DeFi to NFTs.
The Transition to Proof-of-Stake
In 2022, Ethereum completed its transition to Proof-of-Stake, reducing its energy consumption. Validators now use Ether to secure the network, receiving rewards for their participation.
As Ethereum continues to evolve and innovate, including its transition to Proof-of-Stake, it remains at the forefront of blockchain technology, supporting various sectors from finance to gaming.
