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.
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