Ethereum is an open-source, decentralized blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It's known for its:
1. *Smart contract functionality*: Automated contracts with specific rules and conditions.
2. *Decentralized applications (dApps)*: Apps built on Ethereum's blockchain.
3. *Ether (ETH)*: Ethereum's native cryptocurrency.
Ethereum's use cases include:
1. DeFi (Decentralized Finance)
2. NFTs (Non-Fungible Tokens)
3. Gaming
4. Supply chain management
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