1/6 β‘
Ethereum is a second-generation blockchain that goes beyond digital money β it enables smart contracts and decentralised applications (DApps) on a global, permissionless network #Ethereum #ningenie #ninx
2/6 πͺ
Its native token, Ether (ETH), powers the network by paying transaction fees (βgasβ) and securing operations β making it the second-largest crypto after Bitcoin #Crypto #ningenie #ninx
3/6 π§
Proposed in 2013 by Vitalik Buterin, Ethereum introduced programmable smart contracts β self-executing code that removes intermediaries and enables DeFi, NFTs, DAOs and more #BlockchainInnovation #ningenie #ninx
4/6 π
In 2022, Ethereum completed βThe Merge,β transitioning from energy-intensive Proof-of-Work to Proof-of-Stake β cutting network energy consumption by over 99% #ProofOfStake #ningenie #ninx
5/6 π
Ethereum hosts thousands of DApps, including decentralised exchanges like Uniswap, enabling peer-to-peer trading without central control #DeFi #ningenie #ninx
6/6 π
From tokenisation and digital identity to gaming and global finance, Ethereum functions as a decentralised operating system powering Web3βs expanding ecosystem #Web3 #ningenie #ninx


