What Is Ethereum?
Ethereum is a decentralized blockchain platform designed to support smart contracts and decentralized applications (dApps).
Launched in 2015, Ethereum expanded the idea of blockchain beyond simple payments by allowing developers to build programmable applications that run exactly as written, without intermediaries or central control.
The Ethereum network is powered by its native cryptocurrency, Ether (ETH). ETH is used to pay transaction fees and to compensate validators who help secure the network. Ethereum operates as a global, peer-to-peer system where applications, financial services, and digital assets can function transparently on a shared infrastructure.
One of Ethereum’s key innovations is its flexibility. Developers can create tokens, financial protocols, games, and marketplaces directly on the blockchain. This has made Ethereum the foundation for much of the DeFi and NFT ecosystem.
KAST leverages various networks, including Ethereum, to support stablecoin transfers, enabling users to move value on-chain and spend it seamlessly in the real world.
