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What does Ethereum refer to?

Ethereum is a decentralized blockchain platform that creates peer-to-peer networks that securely execute and validate application code, known as smart contracts. Smart contracts allow participants to interact with each other without a trusted central authority. Transaction records are immutable, verifiable, and securely distributed across the network, granting participants complete ownership and transparency regarding transaction data. Transactions are sent and received through Ethereum accounts created by the user. The sender must sign the transactions and spend Ether, the native cryptocurrency of Ethereum, as the cost for processing transactions on the network.$ETH