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Ethereum is a decentralized, open-source blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform.

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Ethereum was proposed in 2013 by programmer Vitalik Buterin. The platform allows developers to build and operate decentralized applications that users can interact with.

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In 2020 Ethereum has started implementing a series of upgrades called Ethereum 2.0, which includes a transition to proof of stake and aims to increase transaction throughput using sharding.

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