Ethereum

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is a decentralized, open source blockchain platform with smart contract functionality, which has made the platform the most popular blockchain for decentralized applications (“dApps”), particularly finance-oriented services known as “DeFi”. Ether (ETH) is the native cryptocurrency of the platform. The platform currently uses “proof-of-work” protocols to verify transactions on the network, and is in the process of a series of changes known as Ethereum 2.0 to migrate to “proof-of-stake” protocols.