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Ethereum is a decentralized public blockchain and cryptocurrency project that is focused on providing a platform for the development and deployment of decentralized applications (dApps). It was founded in 2014 by Vitalik Buterin, and it has since become one of the most widely-used and well-known blockchain platforms.

Ethereum is built on a proof-of-work (PoW) consensus algorithm, which is different from the proof-of-stake (PoS) algorithm used by many other blockchain networks, including Cardano and EOS. PoW is a more established and secure approach to reaching consensus on the blockchain, but it is also more resource-intensive and less scalable than PoS.

One of the key features of Ethereum is its smart contract platform, which allows developers to build and deploy dApps on the network. These dApps can be used for a wide range of purposes, including finance, supply chain management, and other areas where decentralized, transparent, and secure applications are useful.