Ethereum

Ethereum (ETH), known as the "queen of cryptocurrencies," is the second-largest digital currency after Bitcoin, built on a decentralized network utilizing smart contracts. It allows developers to create decentralized applications (Dapps) and supports thousands of blockchain applications. Conceived by Vitalik Buterin in 2013, Ethereum aimed to address Bitcoin's limitations in decentralization and security, launching in 2014. Both Ethereum and Bitcoin operate on independent blockchains and use a proof-of-work model, but Ethereum offers faster transaction speeds, supports complex smart contracts without supply restrictions, and has applications in decentralized finance, NFTs, and DAOs. While Ethereum boasts advantages such as high transaction speeds and robust security, it also faces challenges like scalability issues and high transaction fees. Users can manage their Ether and tokens using Ethereum wallets, which require security measures such as strong passwords and private key confidentiality. Buying and selling Ethereum is typically conducted through cryptocurrency exchanges, with specific recommendations for users in Iran to enhance their experience.