Celer Network

Ethereum is a decentralized, open-source blockchain platform that has become a cornerstone of the digital economy, best known for its native cryptocurrency, ether (ETH). Launched in 2015 by co-founder Vitalik Buterin and a team of developers, Ethereum introduced a groundbreaking framework for creating decentralized technologies. Its core innovation lies in its ability to support smart contracts—self-executing agreements with coded terms that run automatically when conditions are met. This feature enables developers to build a wide range of decentralized applications (Dapps), from financial tools to gaming platforms, as well as create custom tokens for various use cases. Designed with scalability, programmability, security, and decentralization in mind, Ethereum serves as a versatile foundation for developers and businesses worldwide. It powers decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and other innovative technologies that are reshaping industries such as finance, supply chain, gaming, and digital identity. Ethereum’s robust ecosystem, supported by a global community of developers, continues to evolve, with upgrades like Ethereum 2.0 enhancing its efficiency and sustainability. By enabling trustless, intermediary-free interactions, Ethereum is redefining how we engage with technology and transforming the way industries operate. Explain smart contracts Other blockchain platforms