$ETH

Ethereum was created in 2015 by Vitalik Buterin, a Russian-Canadian programmer. The platform is based on the principle of decentralization, meaning it is not controlled by any entity.

Ethereum allows users to create and deploy software, usually in the form of Dapps, which are powered by a global distributed network of computers running Ethereum. The network is decentralized, making it highly resistant to any form of censorship or downtime.

Additionally, Ethereum is an open-source blockchain platform that operates using its native currency, called Ether or ETH. All network transaction fees, or gas fees, are paid in ETH. ETH is specifically used by the Ethereum blockchain to pay for transactions and is responsible for powering nearly everything that happens on the network.