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About Ethereum

Ethereum, conceived by Vitalik Buterin in 2013 and launched in 2015, is an open-source, decentralized blockchain platform designed for building smart contracts and decentralized applications (dApps). Unlike Bitcoin, which primarily serves as digital currency, Ethereum offers a Turing-complete programming environment through the Ethereum Virtual Machine (EVM), enabling developers to create programmable agreements that execute automatically when predefined conditions are met. Its native cryptocurrency, Ether (ETH), is used to pay transaction fees (known as gas) and ranks among the top three cryptocurrencies by market capitalization. Ethereum’s flexibility has fueled innovations such as DeFi, NFTs, and DAOs, making it a cornerstone of the blockchain ecosystem.

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