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Ethereum
ETHPublic

Ethereum

Symbol

ETH

Type

Public

Consensus

Proof of Stake

Launch Date

30-07-2015

Founder(s)

Vitalik Buterin

Developer

Ethereum Foundation

About Ethereum

Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). Launched in 2015 by Vitalik Buterin and a team of co-founders, Ethereum introduced programmable blockchain technology and is the foundation for decentralized finance (DeFi), non-fungible tokens (NFTs), and thousands of ERC-20 tokens. The network transitioned from Proof of Work to Proof of Stake consensus in September 2022 through 'The Merge', significantly reducing energy consumption. Ethereum remains the largest smart contract platform by total value locked and developer activity.