$ETH

It sounds like you're referring to ETH, which typically means Ethereum, the second-largest cryptocurrency by market capitalization after Bitcoin. Here's a quick summary:

Ethereum (ETH) Overview

Symbol: ETH

Network: Ethereum blockchain

Use:

Fuel for smart contracts and decentralized applications (dApps)

Basis for DeFi (Decentralized Finance), NFTs, and DAOs

Consensus Mechanism: Proof-of-Stake (as of the "Merge" upgrade in 2022)

Token Standard: ERC-20 (for fungible tokens), ERC-721 (for NFTs)

Key Features

Smart Contracts: Programmable code that runs on the blockchain without intermediaries.

Decentralized Apps (dApps): Apps that run on the Ethereum blockchain.

Layer 2 Scaling: Technologies like Optimism and Arbitrum help Ethereum scale with faster, cheaper transactions.

Would you like current ETH price trends, how to use it, or information on staking, wallets, or development?