$ETH #WhiteHouseCryptoSummit #USCryproReserve #MasterTheMarket
ETH refers to Ethereum, a decentralized, open-source blockchain system that features smart contract functionality. It is the second-largest cryptocurrency by market capitalization after Bitcoin. ETH is the native cryptocurrency used within the Ethereum network to facilitate transactions, execute smart contracts, and pay for transaction fees and computational services.
Ethereum's blockchain allows developers to build decentralized applications (dApps) and create decentralized finance (DeFi) platforms, NFTs (non-fungible tokens), and more. The network operates on a proof-of-stake (PoS) consensus mechanism, which aims to be more energy-efficient compared to Bitcoin's proof-of-work (PoW).