Ethereum (ETH) : the father of smart contracts
hive-167922·@bokhtiar·
0.000 HBDEthereum (ETH) : the father of smart contracts
Assalamu Alaikum How are you? By Allah's grace, I'm doing very well.  Introduction : Ethereum is a decentralized blockchain platform that runs smart contracts. It is not just a coin, but an entire ecosystem – where apps, projects and defi systems can be built. 🔹 Launch year: 2015 🔹 Inventor: Vitalik Buterin How does Ethereum work? 🔹Ethereum is an open-source blockchain system where: Developers can build DApps Automated contracts can be executed through smart contracts New technologies like DeFi, NFT, DAO have been created based on this ecosystem What is a smart contract? : 🔹A smart contract is a contract that is automatically executed when certain conditions are met. For example: "If you send money, you will automatically be given digital property." Smart contracts are what made Ethereum so popular. Ethereum vs Bitcoin : Topic Ethereum Bitcoin Purpose App development, smart contracts Payment systems Blocktime 12 seconds 10 minutes Programming Solidity (smart contract) None Coin supply Unlimited 21 million Ethereum 2.0 update (the merge) : ethereum recently moved from proof of work to proof of stake, which is called the ethereum merge. As a result: Energy usage has decreased by 99% Transactions have become cheaper and faster Passive income can be earned by staking ETH Technologies built on Ethereum : Uniswap (DEX) OpenSea (NFT Market) Chainlink (Oracle) MakerDAO (Stablecoin – DAI) AAVE (Lending Platform) In addition, thousands of tokens are created on the Ethereum blockchain in the ERC-20 standard. Reasons to invest in Ethereum : The future of smart contracts is built on Ethereum DeFi & NFT markets are ETH-based Passive earnings by staking ETH Among the top coins – strong community Institutional adoption is increasing day by day Warnings before investing in ETH : Gas fees are often high Market Volatility can affect ETH ETH price can be affected if a DeFi project is hacked or malfunctions Ethereum price summary (as of august 2025) : Current price ≈ $3600 USD (approx.) ATH (All-Time High) $4800 USD Market cap 2nd largest (after Bitcoin) Circulating supply ≈ 121 million ETH My opinion : Ethereum is now not just a cryptocurrency, but the foundation of the digital future, for those interested in Web3, DeFi, Metaverse, NFT— Ethereum is an essential investment. Last words : “Ethereum is not just a coin, it is the path to the future of the internet.” So before investing, understand, see, know and then decide. Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well.