
Ethereum Ecosystem and ERC-20 Tokens Explained
The Ethereum ecosystem is a transformative force in blockchain technology, setting the stage for innovative applications. Launched in 2015 by Vitalik Buterin, Ethereum introduced a decentralized platform capable of executing smart contracts and hosting dApps. Unlike Bitcoin, Ethereum’s programming flexibility enables developers to build versatile blockchain-based solutions. Ether (ETH), the native cryptocurrency, powers these operations and fuels the broader ecosystem.
Ethereum has become a cornerstone of blockchain innovation, driving advancements in decentralized finance, non-fungible tokens (NFTs), DEXs (decentralized exchanges), gaming, and even social media. Its ability to enable tokenized assets and complex smart contract use cases makes it a preferred choice among developers, entrepreneurs, and blockchain enthusiasts.