Ethereum is an open-source, decentralized, and smart contract-enabled blockchain network. Initially adopted the proof-of-work (PoW) consensus mechanism, Ethereum switched to the proof-of-stake (PoS) mechanism at block height 15537394 on September 15, 2022. ETH is the native token of the Ethereum network, and it is essential for users to interact on the Ethereum network. Users can also stake their ETH to become a validator and maintain network security by validating blocks.
Ethereum is an open-source, decentralized, and smart contract-enabled blockchain network. Initially adopted the proof-of-work (PoW) consensus mechanism, Ethereum switched to the proof-of-stake (PoS) mechanism at block height 15537394 on September 15, 2022. ETH is the native token of the Ethereum network, and it is essential for users to interact on the Ethereum network. Users can also stake their ETH to become a validator and maintain network security by validating blocks.