Ethereum is much more than a cryptocurrency, it is the heart of an ecosystem that has revolutionized the digital world. The Ethereum network allows the creation of smart contracts, which are automated agreements without intermediaries, and has been the basis for the development of decentralized applications (dApps), where millions of users interact in areas such as decentralized finance (DeFi), NFTs and blockchain-based games. Its key innovation was the introduction of “gas,” a fee paid in ETH to execute these operations on the network.

A little-known fact is that Ethereum is in the process of improving its efficiency through the Ethereum 2.0 upgrade, which will change its consensus system from Proof of Work (PoW) to Proof of Stake (PoS). This means that instead of relying on energy-hungry miners, users will be able to validate transactions by holding ETH on the network. This transition aims to reduce energy consumption by over 99%, making Ethereum more sustainable and scalable.

A curiosity is that Vitalik Buterin, the co-founder of Ethereum, came up with the idea of ​​the platform at the age of 19. His intention was to create something more versatile than Bitcoin, and he managed to make Ethereum the home of most blockchain projects. Few know that he initially wanted to call it “Eternal,” but found the word “Ethereum” while browsing through science fiction books, because it sounded more futuristic and suited to his vision.