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https://opensea.io/collection/zorbs-eth
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Jerry 🎭 pfp
Jerry 🎭
@jerry34
Ethereum is a blockchain-based platform that enables the execution of smart contracts and decentralized applications (DApps) without the need for intermediaries. Launched in 2015 by Vitalik Buterin and a team of developers, Ethereum is designed as a global network for developers, unlike Bitcoin, which primarily serves as a financial transaction system. Ether (ETH), the native cryptocurrency of this network, is used as fuel for executing smart contracts and paying transaction fees. One of Ethereum's key features is the Ethereum Virtual Machine (EVM), which allows decentralized applications to run globally. The blockchain is continuously updated, and with the recent Ethereum 2.0 upgrade, it has transitioned to a Proof-of-Stake (PoS) consensus mechanism, reducing energy consumption and enhancing network security.
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Shakira 🎭
@shakiraa
Ethereum’s high network fees, especially during congestion, are one of its challenges. 53 $DEGEN
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