$ETH

Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, which enables users to conduct transactions and communicate without the need for a central authority. Unlike Bitcoin, Ethereum is a multipurpose blockchain that can be programmed for a wide range of tasks. It can be used to build applications and institutions, store assets, and facilitate financial transactions while respecting user privacy and avoiding censorship. Ether, the native cryptocurrency of Ethereum, is used to fuel and secure the network, as collateral for creating other tokens, and to support the financial system of Ethereum. It serves as a means to pay transaction fees, a store of value, or a tool for decentralized finance. Ethereum has also gained fame through initial coin offerings.