#ETHETFsApproved
Ethereum is a decentralized blockchain platform that enables smart contracts and decentralized applications (dApps).
It was founded in 2014 by Vitalik Buterin and has since become the second-largest cryptocurrency by market capitalization.
ETH is used to pay for transaction fees and computational services on the Ethereum network.
The platform's programmability and large developer community make it a hub for innovation in decentralized finance (DeFi) and non-fungible tokens (NFTs).
Ethereum's upcoming upgrades aim to improve scalability and security, further solidifying its position in the crypto space.
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