Скачать или смотреть What is Ethereum? Explained in Under 9 Minutes 9 Seconds

What is Ethereum and why does it matter so much especially in the cryptocurrency space? In this video, Jessica Walker breaks down the full story of Ethereum — from its origin in a San Francisco hostel to becoming the second-largest cryptocurrency by market cap (in 2025) and the foundation for DeFi, NFTs, DAOs, and more.

✅ Who created Ethereum and what problem does it solve?
✅ How Ethereum powers smart contracts and decentralized applications
✅ The Merge: Why Ethereum moved to proof-of-stake
✅ Major network upgrades: Byzantium, Constantinople, The Merge & Dencun
✅ The rise of DeFi, NFTs, and Layer 2s built on Ethereum
✅ Ethereum ETFs and institutional adoption in 2025
💡 Learn how Ethereum went from an idea to the most used blockchain in the world, and what’s next in its roadmap!

📚 Resources:
What Is Ethereum and How Does It Work?
https://academy.binance.com/en/articl...

⏱️ Timestamps:
⏳ 00:00 – Introduction: Ethereum
⏳ 00:29 – Vitalik Buterin and the birth of Ethereum
⏳ 01:28 – The ETH token sale and ETH launch (Frontier v1)
⏳ 02:04 – Ethereum’s early use cases: DeFi, DEXs, NFTs, DAOs
⏳ 02:27 – Network congestion and high gas fees
⏳ 02:49 – ETH Crises: The 2016 DAO Hack
⏳ 03:07 – Ethereum hard fork generating Ethereum Classic (ETC)
⏳ 03:32 – Byzantium and Constantinople upgrades to deal with gas fees
⏳ 04:23 – Ethereum 2.0: The Merge transition to Proof-of-stake (PoS) and energy reduction
⏳ 05:03 – Ethereum became the launchpad for the ICO boom
⏳ 05:26 – Ethereum became the backbone for the NFT explosion
⏳ 06:00 – ETH price history and market cycles
⏳ 07:10 – Ethereum 2025 Dencun upgrade and proto-danksharding
⏳ 07:31 – Ethereum ETFs, institutional adoption, and Vitalik in 2025
⏳ 07:58 – What’s next: Pectra and the future of Ethereum
⏳ 08:53 – Outro

#Ethereum #CryptoExplained #SmartContracts #binanceexplains

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