Ethereum (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. Amen.
Me behind the camera and keyboard
📷 I capture time from behind a lens, where every image is a feeling from my eyes. 🎮 I get lost in a virtual world in front of a screen, where every game is a reflection of my mind. 🎬 Every scene in a movie tells me a story, and I analyze those stories with my heart. ₿ Crypto's fluctuations are not limited to numbers—each chart is a step on the path of my curiosity. ❤️ This is me—who loves to tell stories, creates content with feeling. I find myself in every work I do.
My Social Contact :
Twitter
Upvoted! Thank you for supporting witness @jswit.
https://x.com/BokhtiarMr90788/status/1953150305694089544?t=V8ZtBmSiPoIHp6RLxAM-Vg&s=19
https://x.com/pussmemecoin/status/1953126455589912782?t=V8ZtBmSiPoIHp6RLxAM-Vg&s=19
https://x.com/BokhtiarMr90788/status/1953150485248291122?t=V8ZtBmSiPoIHp6RLxAM-Vg&s=19
https://coinmarketcap.com/community/post/366568900
Ethereum (ETH) : the father of smart contracts is a great article you have shared.