$ETH Ethereum is a decentralized digital platform that acts as a digital currency and as an engine for decentralized applications. Imagine it as an open-source internet on which anyone can build applications and services without the need for intermediaries.
Simply put, Ethereum:
* Digital currency: Used as a means of payment, similar to Bitcoin.
* Platform: Allows the building of decentralized applications that operate automatically without human intervention.
* Technology: Relies on the blockchain to ensure the security and transparency of transactions.
Why is it important?
Ethereum is the second largest digital currency in terms of market value, and has wide applications in various fields such as finance, real estate, games, and others.