What Is Ethereum? Ethereum Explained, Simply | Crypto for Beginners

What is Ethereum and how did it become the second-biggest cryptocurrency? In this video, we'll teach you everything you need to know, from what's the difference between ETH the investment and Ethereum the blockchain, to what are NFTs and smart contracts. And of course, the update on Ethereum 2.0.

What is Ethereum? Ethereum is the #1 DeFi blockchain because of its flourishing ecosystem filled with Decentralized Applications (dApps), and it still reigns over other Layer 1 Blockchains like Solana, Cardano, and Avalanche. And if you don't know what any of this means, this video explains it perfectly for beginners!

Welcome to Web 3 World, the #1 crypto education channel to learn about the fast-paced world of Cryptocurrencies and Blockchains! We created this channel to help you understand the shift from the traditional web2 internet of today to the web3 internet of the future.

Chapters:
00:00 What is Ethereum?
01:56 What are smart contracts?
04:42 What's DeFi?
06:45 What's an NFT?
09:00 The Merge Explained (ETH 2.0)
09:53 The Future of Ethereum (Roadmap)

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