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# Introduction to Ethereum (ETH) & Smart Contracts

**[Coins Bench](https://daily.dev/sources/coinsbench)** · 10 min read · 3 upvotes · 0 comments

## Summary

Ethereum is a decentralized platform that introduced smart contracts and supports a wide array of decentralized applications (dApps). It utilizes the Ethereum Virtual Machine (EVM) for executing smart contracts written in Solidity. Ethereum 2.0 brings significant upgrades, including a transition to Proof of Stake (PoS) and the introduction of sharding for scalability. Layer 2 solutions like Rollups and Sidechains help address scalability challenges. Ethereum Improvement Proposals (EIPs) are community-driven proposals for upgrades and changes to the network. Smart contract auditing ensures their security and reliability.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://coinsbench.com/introduction-to-ethereum-eth-smart-contracts-f322c93e5354?source=rss----f1cfd22cde3e---4>

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Tags: [#crypto](https://daily.dev/tags/crypto), [#blockchain](https://daily.dev/tags/blockchain), [#web3](https://daily.dev/tags/web3), [#ethereum](https://daily.dev/tags/ethereum), [#smart-contracts](https://daily.dev/tags/smart-contracts), [#proof-of-work](https://daily.dev/tags/proof-of-work), [#proof-of-stake](https://daily.dev/tags/proof-of-stake)

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