Created by Vitalik Buterin, Ethereum is a blockchain that enables smart contracts and dapps to operate on its network.
In brief
Ethereum transformed the blockchain industry by enabling smart contracts, DAOs, NFTs, and decentralized apps.
From its 2015 launch to The Merge in 2022, Ethereum has driven innovation and faced growing pains.
Ethereum powers DeFi and NFTs, but still battles high fees, scalability limits, and fierce competition.