[{"data":1,"prerenderedAt":63},["ShallowReactive",2],{"term:ethereum":3},{"term":4,"related":46},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":31,"navigation":32,"path":33,"related":34,"seo":39,"stem":40,"takeaways":41,"__hash__":45},"terms\u002Fterms\u002Fethereum.md","Ethereum",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-ethereum","Understanding Ethereum",[16,17,18],"p",{},"Ethereum launched in 2015 as a programmable blockchain: developers can deploy smart contracts that run applications such as decentralized finance and NFTs.",[16,20,21],{},"In September 2022, Ethereum switched from proof of work to proof of stake in an upgrade known as the Merge, cutting its energy use dramatically.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"crypto","A blockchain platform for smart contracts, with its own cryptocurrency, ether (ETH).","md",[],{},true,"\u002Fterms\u002Fethereum",[35,36,37,38],"smart-contract","proof-of-stake","blockchain","bitcoin",{"title":6,"description":28},"terms\u002Fethereum",[42,43,44],"Ethereum is a programmable blockchain.","Its native currency is ether (ETH).","It moved to proof of stake in 2022.","2mg8LqCRWaz2rth1e17q7VZXOnyGDTrFy_9XFXUcui4",[47,51,55,59],{"title":48,"description":49,"path":50},"Bitcoin","The first decentralized cryptocurrency, with a fixed maximum supply of 21 million coins.","\u002Fterms\u002Fbitcoin",{"title":52,"description":53,"path":54},"Blockchain","A shared, append-only ledger that records transactions in linked blocks.","\u002Fterms\u002Fblockchain",{"title":56,"description":57,"path":58},"Proof of Stake","A way for a blockchain to agree on new blocks, where validators lock up coins as collateral.","\u002Fterms\u002Fproof-of-stake",{"title":60,"description":61,"path":62},"Smart Contract","A program on a blockchain that runs automatically when set conditions are met.","\u002Fterms\u002Fsmart-contract",1793374005059]