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About the Ethereum

Ethereum is a decentralized, open-source blockchain with smart contract functionality. It is not owned or operated by a single entity, but by a global network of computers. This "world computer" allows developers to build and deploy decentralized applications (dApps) on a secure and permissionless network. Its native cryptocurrency, Ether (ETH), is used to pay for transaction fees and computational services. The network's transition to a Proof-of-Stake consensus mechanism has made it significantly more energy-efficient and scalable.