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Ethereum (ETH) is the second-largest cryptocurrency platform by market capitalization, behind Bitcoin. It is a decentralized open-source blockchain featuring smart contract functionality.
Ethereum was proposed in late 2013 by Vitalik Buterin, a cryptocurrency researcher and programmer.
Ethereum is currently developing and planning to implement a series of upgrades called Ethereum 2.0. Current specifications for Ethereum 2.0 include a transition to proof of stake and an increase in transaction throughput using sharding technology.
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